Bloomberg Intelligence's 'Equity Market Minute' 2/4/2022

Gina Martin Adams discusses the market's adjustment to a tighter Fed in 2022, highlighting historical drawdowns and gains before Fed tightening cycles. She notes the significant S&P 500 correction in January and suggests the market is preparing for rapid tightening. Despite this, a 4.4% average gain is expected in the 12 months following tightening, contrasting with previous double-digit gains.

What does the speaker suggest about return expectations during tightening phases?

What historical data does the speaker reference regarding S&P 500 drawdowns?

How does the speaker characterize the correction experienced by the S&P 500 in January?

What is the average gain of the S&P 500 in the 12 months after tightening has begun?

What does the speaker imply about the double-digit gains in the context of current market conditions?