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Sophomore Slump?

Released on Thursday, January 27, 2022MARKETS
In 2022, President Biden will start his second year in office. The S&P 500 rose an average of only 2.6% during the second year of first-term presidents since WWII, versus 10.3% for all first-term years. Will Covid-19 continue to vex the global economy as the prospects of higher interest rates triggers P/E contraction? Come hear Sam Stovall, chief investment strategist of CFRA, discuss whether history will repeat and cause the S&P 500 to stumble or even collapse under the weight of rising inflation, interest rates, and P/Es, or whether the post-contagion bull has further to run.

Sam Stovall
CFRA Research, Chief Investment Strategist

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