When will we see a return to a bull market in 2023? It might not be tomorrow but there may be signs of hope. There are reasons to be optimistic, including stock market valuations. The CAPE ratio currently stands at 28 for the overall U.S. stock market. It is still well ahead of the longer-term average of 17, but down considerably from its high of 38 late last year.
Watch the companion video – Bear Market: Making the Case