Investors have had a painful year😱
S&P 500 in 2022 has had 63 -1% days. Ouch.
In the past 50 years, there have only been 3 years with as many days down -1% 📉:
1974: n= 67
2002: n= 73
2008: n= 75
Returns in following Year 📈:
1975: 32%
2003: 26%
2009: 23%
👇
2023: ?