stocks could have further downside from here but ritholtz wealth managements josh brown has some good news for investors markets are never down three years after a recession we studied every post world war ii recession and the effects of the stock market before during and after brown said wednesday on cnbcs  closing bell overtime  do you know how many times three years after a recession has been officially declared the stock market has been down zero times it has never happened whats more stocks posted a tripledigit return after five years in every single instance he said brown made those remarks even as he believes that wall street will face greater challenges ahead such as data from june that showed inflation reaching its highest level since 1981 investors are also assessing how rising prices will hit corporate earnings forecasts this month its possible that earnings dont fall apart right away but its just a different environment with a different set of challenges and these vshaped bottoms that everybody had grown accustomed to for so long —some people their entire career of investing thats all they ever saw this is not that were in a downtrend he said still brown maintained that investors will be fine so long as they keep a long term perspective on markets if you understand that in the back of your head the question is not do i buy stocks do i sell stocks the question is what am i expecting from the stocks that i buy now if you can stay calm and understand that this is not about where the s  p ends 2022 youre going to be fine he said