It’s been a long slog this year for the plummeting stock market. Citigroup’s model that forecasts the chances that stocks will head into a bear market shows that the market looks like more of a buy right now.
The iShares MSCI ACWI exchange-traded fund (ACWI) has dropped about 14% this year, and for the same reasons the S&P 500 and Dow Jones Industrial Average have fallen as well: High inflation, made worse by commodity restrictions resulting from the Russia-Ukraine conflict, has hurt consumer demand; cost inflation has dented…
