You won’t have to wait long......it will continue down till November of 2023.....
I spent some time talking with me financial/retirement advisor last night. That was my concern as well, but he explained that you cant always look at the economy and the market as directly related. I know, I dont get it either. Last year rates were down, lots of lost jobs and companies still going out of business yet the market was way up. Lots of companies bought out at pennies on the dollar (way under value) so for the buyers, the outlook is still good. I dont see how the losers arent factored in to that as well, but the market is not really representative of anything but speculation anyway.
My advisor says the gurus that do their prognostications are seeing this year up as well. Thats even knowing what the dems have planned for the energy sector, etc. I did over 30% last year based on their advise. Who knows?