Prediction: The S&P 500 Will Pull Back This August. Here's What History Says About the Damage.
Could the S&P 500 stumble this August? History suggests investors should expect turbulence, but not panic.
Overview
I think the S&P 500 (SNPINDEX: ^GSPC) will pull back a bit this August. However, history suggests the damage is usually uncomfortable but not catastrophic. More often, it's a normal pause in a longer‑term uptrend, rather than the start of a lasting bear market.
For long‑term investors, that argues for preparing mentally and tactically for volatility, rather than trying to sidestep it entirely.
Image source: Getty Images.
Details
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.