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April 9, 2020

The S&P 500 had a record negative start to 2020. What have returns been like after similar occurrences?

The equity market returns in the first quarter of 2020 were historically low.  The S&P 500 was down 19.5%.  There have only been 18 quarters in which the S&P 500 has declined by 15% or more.  Ten of those occurrences took place between 1929-1939.  During the selloff, other safe-haven assets showed their portfolio diversification benefits...
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