Popular analyst delivers dire stock market prediction

The stock market has been undeniably friendly to investors. The S&P 500 delivered 20%-plus returns in 2023 and 2024, significantly above the historical 10% average return since 1957.

However, investors may not want to get used to eye-popping gains. Since 1990, the S&P 500 has risen by over 20% in a year, only about one-third of the time. In fact, returns in any given year vary widely, including some pretty drastic losses.