Today’s chart of the day comes courtesy of chartoftheday.com/ – it shows the market’s average performance after the largest drops in the Dow going back to 1896. As you can see, 9 of these instances resulted in substantial gains in the following year. 6 of these 9 resulted in substantially larger gains than we’ve seen already. Will the momentum carry into the end of the year?
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.