Fact checking Bloomberg: Does an SP500 loss make another next year less likely
A Bloomberg article at the end of 2022 made the claim that after a negative year for the S&P 500, the following year is relatively unlikely to follow suit. This post looks at the statistics to see whether such a claim holds true. We also look at other claims they made about what happens when you do get two bad years in a row: is the second year worse than the first, and will a third bad one follow?