Before revision:  However, in the pastwe have seen the market recover and we can expect the market to recover again, and on this basis we assume the Standard and Poor's 500 (S  P500) index will reach a minimum before rising again in the not-too-distant future.
After revision:  However, in the pastwe have seen the market recover and we can expect the market to recover again, and on this basis we assume the Standard and Poor's 500 (S \& P500) index will reach a minimum before rising again in the not-too-distant future.