History Shows Odds Favor a 20% Stock Market Return in 2023 After a Brutal 2022, Fundstrat Says

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Historical data shows there is a high chance that the U.S. stock market may record a return of 20% or more this year after the three major indexes closed 2022 with their worst annual losses since 2008, according to Fundstrat Global Advisors.

Fundstrat’s head of research Tom Lee said stock-market investors are more likely to see a year of positive returns than a flat year after stocks performed badly in the previous year.