S&P 500 and Predecessors, Calendar-Year Price Returns Since 1928

Since 1928, the S&P 500 and its predecessors have finished the year up in 73% of calendar years. Risk is always there, but staying structurally bearish means consistently betting against a three-in-four odds of positive return.

Image: Real Investment Advice

S&P 500 and Predecessors, Calendar-Year Price Returns Since 1928