In 1966, the market and economic landscape was a lot like the one we experienced in 2022: skyrocketing inflation, surging Fed interest rates, and uncertainty in capital markets. However, near the end of 1966, capital markets rallied significantly: the ensuing bull market lasted two years and saw gains of 50% over that time period. This article from the New York Post takes a closer look at the parallels between 1966 and 2022—and why there may be cause for optimism as we head into the new year.
