S&P 500 Has Not Corrected 10% in More Than 3 1/2 Years
The S&P 500 has gone more than 3½ years without experiencing a 10% correction, according to Bespoke Investment Group. It is now the second longest stretch without a 10% correction since 1929. The longest is seven years (10/90-10/97). On average, the S&P 500 experiences a 10% correction about every 18 months, according to S&P Capital IQ. Source: First Trust’s “Factoid of the Day”.
