There has been only 10 double digit losing years for the S&P500 since 1950. With -9% YTD, this year could easily slip into this list...
1. 2008 (-38.5%)
2. 1974 (-29.7%)
3. 2002 (-23.4%)
4. 1973 (-17.4%)
5. 1957 (-14.3%)
6. 1966 (-13.1%)
7. 2001 (-13.0%)
8. 1962 (-11.8%)
9. 1977 (-11.5%)
10. 1969 (-11.4%)
What followed these years can be best described as continued volatility. Top six worst performing years were followed by a rise or a fall of the index grater than 20%! Average return in the years that followed was around +9%.
2009 (+23.5%)
1975 (+31.5%)
2003 (+26.4%)
1974 (-29.7%)
1958 (+38.1%)
1967 (+20.1%)
2002 (-23.4%)
1963 (+18.9%)
1978 (+1.1%)
1970 (+0.1%)
