The S&P 500 Is Nearing Bull Market Territory: 1 Warren Buffett ETF to Buy Now and Hold Forever
The last 16 months have been rough for investors. Recession fears sent the S&P 500 tumbling into a bear market in early 2022, and the broad-based index is still down 14% from its high. This means that $6 trillion has been wiped out by economic headwinds. But the S&P 500 is within striking distance of bull market territory.
By definition, a bull market begins when the index rebounds 20% from its low, and the S&P 500 is currently up 16% from the low point it hit last October. Investors should be thrilled by that development. Since 1957, the average S&P 500 bull market has run for 1,960 days, producing an average return of 184%, according to data from Yardeni.
One way investors can capitalize on that information is by purchasing an S&P 500 index fund.
Source Fool.com
