MARKET UPDATE
Stock market returns are likely to turn negative at some point in any given year. Some declines are short-lived, while others may last the entire year.
But did you know that over the last 41 years, the stock market has ended in positive territory more than 75% of the time? To see how this tendency has played out, the chart below shows the calendar year performance of the S&P 500® Index in green and the largest period of downward performance within each calendar year in red.
Keep in mind, the intra-year declines show that between January 1 and December 31 of the year, at some point, the index was down the percentage highlighted in red. The green percentages highlight the summary of how the index performed for the entire year.
Intra-year decline refers to the maximum drawdown or the largest market drop from a peak to a trough within a calendar year, based on the daily price index.
Intra-year decline refers to the maximum drawdown or the largest market drop from a peak to a trough within a calendar year, based on the daily price index.
If you stick to your portfolio without selling during stock market volatility, you may be able to avoid missing out on the long-term potential of the market. That’s why it may be beneficial to consider a broader view of market history when looking at your long-term investment goals.
The S&P 500® Index is a market-cap weighted index that represents the average performance of a group of 500 large-capitalization stocks.
Results shown assume reinvestment of dividends or interest.
Any indexes shown are unmanaged and do not reflect the typical costs of investing. Investors cannot invest directly in an index.
Index performance is not indicative of the performance of any Thrivent product.
Past performance is not necessarily indicative of future results.
Take a page from your favorite team’s playbook when developing your investing strategy.
Take a page from your favorite team’s playbook when developing your investing strategy.
10/10/2024
Early third quarter market volatility cooled to a low simmer as later economic data revealed a more resilient economy and declining inflation.
Early third quarter market volatility cooled to a low simmer as later economic data revealed a more resilient economy and declining inflation.
10/10/2024
While economic data is often volatile as economies turn—and some of the data suggest the economy is still slowing—the balance indicates growth is stabilizing.
While economic data is often volatile as economies turn—and some of the data suggest the economy is still slowing—the balance indicates growth is stabilizing.
10/07/2024
To start planning for the retirement you want or will be able to afford, you’ll need an idea of your current costs, what they’ll be in the future, and how much income to expect from your investments. From there you can adjust as needed.
To start planning for the retirement you want or will be able to afford, you’ll need an idea of your current costs, what they’ll be in the future, and how much income to expect from your investments. From there you can adjust as needed.
10/01/2024