Every V-shaped rebound the last 10 years has led to higher stocks 12 months later

The S&P 500 erased the entire Iran war selloff in 11 trading days and closed at a new all-time high of 7,023 on April 15. That makes this the fifth V-shaped recovery since 2016, and the prior four delivered an average +47.4% return over the following 12 months with a 100% hit rate.