U.S. Markets - 12-Month Return Boost/Drag vs. Average
When the U.S. business cycle is in the expansion phase, the S&P 500 tends to have above-average returns over the next 12 months.
Image: Morgan Stanley Research
When the U.S. business cycle is in the expansion phase, the S&P 500 tends to have above-average returns over the next 12 months.
Image: Morgan Stanley Research