This is the 4th worst start to a year in history for the S&P 500, down 17.3% in the first 99 trading days.
The only years with a worse start…
1932 (Great Depression)
1940 (World War II)
1970 (Vietnam War, US Recession) pic.twitter.com/Q66ihSjYan
— Charlie Bilello (@charliebilello) May 25, 2022
Today’s Chart of the Day was shared by Charlie Bilello (@charliebilello). The S&P 500 is down more than 17% in the first 99 trading days of 2022, marking the fourth-worst start to a year in its history. As Charlie points out, the three years that got off to a worse start than 2022 were 1970, 1940, and 1932. On an optimistic note, all three of those years saw gains in the remaining part of the year. However, full-year returns have rarely ended in positive territory when this much damage has been done by the 100-day mark.