Historic Speed: S&P 500 Rebounds to New Highs
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Kim Inglis, Senior Portfolio Manager at Raymond James, highlights the remarkable resilience of the S&P 500, which recently staged its fastest recovery to new record highs following a drawdown of 7% or more in nearly 50 years. The rebound, coming after a 9% pullback, ranks in the 99th percentile of returns since 1980—underscoring the strength of the current market environment.