Stock Returns After the First Fed Rate Hike
S&P 500 returns 1, 3, 6 and 12 months after the first Fed rate hike of the 2004, 2015 and 2022 cycles, from daily SPY closes, plus what the yield curve did.
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S&P 500 returns 1, 3, 6 and 12 months after the first Fed rate hike of the 2004, 2015 and 2022 cycles, from daily SPY closes, plus what the yield curve did.
Should you invest at an all-time high? Every SPY record close on file, with the forward returns that followed and the deepest drawdown that began from one.