S&P 500, $SPY, averages +10.8% in 12 months after first Fed hike.
@UBS ran the numbers on all 16 Fed hiking cycles going back to 1954.
The worst post-hike 12-month return in the sample was -9%, recorded after the March 2022 first hike.
@UBS ran the numbers on all 16 Fed hiking cycles going back to 1954.
The worst post-hike 12-month return in the sample was -9%, recorded after the March 2022 first hike.
