Stocks tanked in the first quarter, and new research shows there should be a reversal by the end of June

The stock market is likely to be higher at the end of June than where it was March 31.

I base that prediction not on any insight into the conduct of the war in Ukraine, the price of oil or how the Federal Reserve will execute its quantitative tightening.

It is instead based on what a new study claims are fundamental changes to the structure…