Here's Why the Bear Market Could End in 2023
The S&P 500 has dropped more than 19% this year, and many growth stocks have suffered even more severe declines along the way. Inflation and concerns about the economy have led investors to dump investments, even quality ones, out of fear that things will get worse.
But as bad as things are and with inflation still a problem, there is a possibility that the bear market could come to an end next year, and a bull run could begin. Here's a look at why that might happen and the types of stocks you should consider investing in right now.
According to the latest data, November's inflation rate was 7.1%. For multiple months, the inflation rate has been declining, and although it's still high compared to a few years ago, it's a positive sign that the government's attempts to slow it down through interest rate increases may be working.
Source Fool.com
