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progree

(11,463 posts)
2. Stocks slide to close worst first half in 52 years: S&P 500 plunges 20.6% YTD, 8.4% in June
Thu Jun 30, 2022, 05:56 PM
Jun 2022

Last edited Thu Jun 30, 2022, 10:19 PM - Edit history (3)

https://finance.yahoo.com/news/stock-market-news-live-updates-june-30-22-115133813.html

The S&P 500 fell by 0.9% on Thursday to reach 3,785.38, ending the first half of 2022 lower by 20.6% for its worst start to a year since 1970. ((It's also down 21.1% from its January 3 all-time high -Progree))

The Dow ended Thursday's session at 30,775.43, dropping 15.3% for the year-to-date for its worst first half since 1962.

And the Nasdaq's 29.5% drop so far in 2022 marked its worst first half on record.


Edited to add:

We've had worse since WWII: To take the 3 worst ones:

Max ...........Time to
pullback ... recover..... Crash Name

48.4%     7.5 years,     73-74
49.1%     7.2 years,     DotCom
56.8%     5.5 years     Housing Bubble

The max pullback is the percentage drop from the pre-crash peak to the lowest point

The time to recover is the time from the pre-crash peak to when it reached that same level again.

The total U.S. stock market, as measured by the Vanguard Total (U.S.) Stock Market Index Fund (VTSAX)
has grown 5.13 fold since November 3, 2008 (includes reinvested distributions) to June 29, 2022 close, a 12.72% average annualized return during these 13.65 years.

https://finance.yahoo.com/quote/VTSAX/history

(the June 30 close isn't in yet as I write this)

For a longer view --
http://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/histretSP.html

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