S&P 500’s Brutal First Half Has Little Bearing on the Future
- How the second half will play out is still a coin toss
- Inflation will ease in coming quarters: Northwestern Mutual
Photographer: Michael Nagle/Bloomberg
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The S&P 500 suffered its worst first half since 1970. But its dismal performance is not an indication of what’s to come.
That’s according to analysis by S&P Dow Jones Indices that says historically, there has been little to no correlation between the index’s performance in the first and second half of the year.