Historical S&P 500 Returns in 2nd Half of Year
Market Observation
Stocks have gone up on average during the second half of the year.
The chart below illustrates average market returns during different market periods. For example, when the market was up 10% or more in the first half of the year, the second half was up 7.7%, and in presidential election years, stocks appreciated 4.2% in the second half.
What This Means for You
Of course, history is just a guide. We don’t know what the second half of 2024 holds. What we will continue to do is manage your portfolio to your drawdown risk tolerance.
Historical S&P 500 Returns in 2nd Half of Year
Source: LPL Research, Bloomberg, Redwood. Data as of 7/5/2024. Date Range from 1/3/1950 – 6/30/2024. Reflects securities in the S&P 500 Index.
Regards,
Allgood Financial
Disclosure: This piece is for informational purposes only and contains opinions of Redwood that should not be construed as facts. Information provided herein from third parties is obtained from sources believed to be reliable, but no reservation or warranty is made as to its accuracy or completeness. Charts and graphs are for illustrative purposes only. Discussion of any specific strategy is not intended as a guarantee of profit or loss. Past performance is not a guarantee of future results. The objectives mentioned are not guaranteed to be achieved. Investors cannot invest directly in any of the indices mentioned above.
