Commentary Over the last three years, the markets’ returns have been above average. The S&P finished 2021 up an incredible 26.89% topping the Dow Jones, which rose 20.9%, and the NASDAQ finished up 22.2%. Some of the performance was due to growth; some was due to multiple expansions (investors were willing to pay more for stocks and growth). Most analysts see returns going back to normal levels (see valuation section below). Most analysts see that momentum in the economy continues, and the markets should reflect the continued expansion of the economy. In this article, I offer my bullish case for 2022. In my next article for The Epoch Times, I will provide the bearish case for stocks in 2022. Nine Positives for the US Stock Market in 2022 Positive #1: COVID-19 is the key to the global economy, inflation, and the markets. Even though the SARS-CoV-2 virus can continue to …
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