I will show you a chart which illustrates the biggest drop in the S&P 500 for any given year, going way back to when Teddy Roosevelt was in office.
Good friend of mine sent me the chart below, which illustrates the biggest drop in the S&P 500 for any given year, going way back to when Teddy Roosevelt was in office. In case anyone didn’t mention it to you already, 2017 is the most godawful year so far (for bears) in that entire century, since its drawdown is the puniest ever.
This is not meant to be a recommendation to buy or to sell securities nor an offer to buy or sell securities. Before selling or buying any stock or other investment you should consult with a qualified broker or other financial professional. The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. The author wrote this article themselves, and it expresses their own opinions. The author has no business relationship with any company whose stock is mentioned in this article nor is receiving compensation from any of the companies mentioned.
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