For more than 17 months, the benchmark S&P 500 (SNPINDEX:^GSPC) has been unstoppable. Since bottoming out on March 23, 2020, the widely followed index has more than doubled in value. It marks the strongest bounce-back rally from a bear-market bottom in the index’s storied history.
But whether this rally can last is an entirely different story. If we look to history as a guide, it would suggest that there’s a growing chance of a double-digit percentage correction or crash on the horizon.
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