Bank of America: the S&P 500 index ready to celebrate the 35th anniversary of Black Monday? – 06/17/2022 at 15:47

(AOF) – As the S&P 500 entered a bear market on June 13. The twentieth of the last 140 years. The index shows an average decline of 37.3% for an average duration of 289 days. History does not repeat itself. But if the current bear market followed this scenario, it would end on October 29 – the 35th anniversary of “Black Monday” (October 1987) – with the S&P 500 at 3000.

The good news is that bull markets last an average of 64 months for an average rise of 198%. The S&P 500 could therefore rebound to reach 6,000 points in February 2028.

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