Thanksgiving may be over, but there is much to be thankful for about the stock market over the past year. Big gains, for one: The S&P 500, Dow Jones Industrial Average, and Nasdaq Composite Index added 26%, 17%, and 27%, respectively, from Thanksgiving 2020 through Friday.

While reflection is great, the market, as ever, is forward-looking. What will we be thankful for when Thanksgiving 2022 rolls around? There is a lot that could vex investors this coming year. Covid is posing new threats, and inflation is making people nervous,…

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