Monday, September 2, 2019

The S&P 500 has already met its average return for a full year, but don’t expect it to stay here

Here is the article.

Key points:

  • The average annualized total return for the S&P 500 index over the past 90 years is 9.8 percent.
  • Yet from 1928 to 2016, only six years finished with a gain within 5 and 10 percent, according to LPL Financial.
Predict next few months - good argument!

And since 1950, when the S&P 500 has made at least 15 new all-time highs through May, it was far more likely to keep rising through December, and the average further gain over the final seven months was 7.7 percent, far better than the 4.5 percent average for June-December in all years.

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