BREAKING: The S&P 500 closes 3.0% lower erasing $1.4 TRILLION of market cap today, posting its worst day since September 2022.
Disclaimer
This marketing document has been issued by Bank Syz Ltd. It is not intended for distribution to, publication, provision or use by individuals or legal entities that are citizens of or reside in a state, country or jurisdiction in which applicable laws and regulations prohibit its distribution, publication, provision or use. It is not directed to any person or entity to whom it would be illegal to send such marketing material. This document is intended for informational purposes only and should not be construed as an offer, solicitation or recommendation for the subscription, purchase, sale or safekeeping of any security or financial instrument or for the engagement in any other transaction, as the provision of any investment advice or service, or as a contractual document. Nothing in this document constitutes an investment, legal, tax or accounting advice or a representation that any investment or strategy is suitable or appropriate for an investor's particular and individual circumstances, nor does it constitute a personalized investment advice for any investor. This document reflects the information, opinions and comments of Bank Syz Ltd. as of the date of its publication, which are subject to change without notice. The opinions and comments of the authors in this document reflect their current views and may not coincide with those of other Syz Group entities or third parties, which may have reached different conclusions. The market valuations, terms and calculations contained herein are estimates only. The information provided comes from sources deemed reliable, but Bank Syz Ltd. does not guarantee its completeness, accuracy, reliability and actuality. Past performance gives no indication of nor guarantees current or future results. Bank Syz Ltd. accepts no liability for any loss arising from the use of this document.
Related Articles
The past cannot predict the future. However, studying the past can provide a baseline to help set expectations when it comes to risk and a potential range of outcomes. Here’s a different way to look at returns over various time horizons for the S&P 500 going back to 1993, courtesy of awealthofcommonsense.com This is how to read this chart: 1) Pick a starting year. 2) Then, go down the number of years and the corresponding square will tell you the annualized return from that starting point. For example, the 9-year annual return starting in 1993 was 14% per year. You can see there’s been more green than red since 1993 but there were some painful periods for investors. There were no losses going out 11 years or more but starting in 1999 or 2000 led to a lost decade. You also had multiple time frames with losses going out 2, 3, 4 and 5 years into the future. Five years can feel like an eternity in the stock market. The range of outcomes is also interesting to consider. - The 10 year annual returns ranged from -1% to 17%. Over 15 years there was a high of 14% and a low of 4%. - On a 5 year time horizon the range was -2% to 29% annualized. Bottom-line: Your experience in the stock market can vary drastically depending on your timing. The good news is that the long term removes a lot of variation from the equation. Look at the returns in the bottom left — they’re all in a fairly tight range. The 31-year annual return from 1993 through 2023 was around 10% per year, right at the long-term averages. Not bad. Link to full article: https://lnkd.in/eutSyyYQ Source: Ben Carlson @awealthofcs
September and October tend to be weak in election years. This doesn't mean the world will fall apart, but just be aware the calendar over the next 8 weeks isn't doing anyone any favours. "Plans are useless, but planning is everything." Eisenhower Source: Goldman Sachs, www.zerohedge.com, Ryan Detrick
Source: zerohedge, Morgan Stanley