Skip to main content

Rankings Of Yearly S&P500 Performance

As of the market close last Thursday, Nov. 20, the Standard & Poor’s 500-stock index was down 48.8% for the year to date.

Had the markets called it a year at that point, 2008 would have gone down as the worst year in the history of the S&P index, which goes back (in one form or another) to 1926.

The only year that even came close was 1931, in the teeth of the Great Depression, when the S&P lost 43.3%. Here are the 20 worst years in history, based on Yale’s NYSE index until 1925, and for the S&P from 1926 onward:

1941 -11.6%
2001 -11.9%
1893 -12.3%
1857 -13.2%
1837 -13.4%
1828 -13.6%
1831 -14.0%
1973 -14.7%
1920 -15.0%
1841 -16.1%
1917 -16.4%
1884 -18.5%
1839 -19.0%
1907 -21.8%
2002 -22.1%
1930 -24.9%
1974 -26.5%
1937 -35.0%
1931 -43.3%
2008* -48.8%
*Through Nov. 20.

The closest carnage to 2008 was 1974 when the S&P500 lost 26.5%, the next closest was 2002 when it dipped just 22.1%. Aaah!!! The good old days.

Many people have been saying that the current financial crisis will be at least as bad as the Great Depression. But I’m not sure many people realize that the stock market has already had the worst year in all of American history.Take from this what you may.

p/s photos: Elanne Kong Yeuk Lam


Ivan said…
So, after the nov 30 ( hedge fund sell off), will the market will be ok?

CNY, Chrismas coming, window dressing will come or not?
I thought it will not come on 4Q 2008 but. . .

We know that the market is far from bottom , but s/term (2 mths) rebound may come?
any idea?
solomon said…
History as it is. Have to look forward from here.

There is always up and down like life.

Whether u want a worst than great depression to arrive at your door steps, it is up to us. Stimulus plan must come along with stability of jobs and wealth generation whether it is in equities or other mean, then the private consumption will rise.

Basically, consumer want to see the feel good factor before they willing to spend/invest. So, I reckoned if the govt funds want to see this next year, it shd consider pushing the mkt next week?? Perhaps, start off with construction stocks like MRCB or O&G like Scomi if oil price rise back to USD70 before year end.

Maybe not at all, will see.
Gamelion said…
Even in 1931, the teeth of the Great Depression, where the S&P lost 43.3%
is the greatest buy of all time since the US Stock Exchange being first establish because the dollar then is backed by SOLID PHYSICAL GOLD (actually during that time you can freely converted your dollar into physical gold). Today S&P 500 lost the greatest is no big deal and OMG !!! today dollar is back by toilet paper or at the mercy of foreign countries !!
mych said…
In the great Depression era, there were no sub prime high yield toilet paper sold world wide, hence the issue of US depression was contained in US without loss to other world citizens/gov..

Popular posts from this blog

My Master, A National Treasure

REPOST:  Its been more than two years since I posted on my sifu. This is probably the most significant posting I had done thus far that does not involve business or politics. My circle of close friends and business colleagues have benefited significantly from his treatment.

My Master, Dr. Law Chin Han (from my iPhone)

Where shall I start? OK, just based on real life experiences of those who are close to me. The entire Tong family (Bukit Kiara Properties) absolutely swear that he is the master of masters when it comes to acupuncture (and dentistry as well). To me, you can probably find many great dentists, but to find a real Master in acupuncture, thats a whole different ballgame.

I am not big aficionado of Chinese medicine or acupuncture initially. I guess you have to go through the whole shebang to appreciate the real life changing effects from a master.

My business partner and very close friend went to him after 15 years of persistent gout problem, he will get his heavy attacks at least…

PUC - An Assessment

PUC has tried to reinvent itself following the untimely passing of its founder last year. His younger brother, who was highly successful in his own right, was running Pictureworks in a number of countries in Asia.

The Shares Price Rise & Possible Catalysts

Share price has broken its all time high comfortably. The rise has been steady and not at all volatile, accompanied by steady volume, which would indicate longer term investors and some funds already accumulating nd not selling back to the market.

Potential Catalyst #1

The just launched Presto app. Tried it and went to the briefing. Its a game changer for PUC for sure. They have already indicated that the e-wallet will be launched only in 1Q2018. Now what is Presto, why Presto. Its very much like Lazada or eBay or Alibaba. Lazada is a platform for retailers to sell, full stop. eBay is more for the personal one man operations. Alibaba is more for wholesalers and distributors.

Presto links retailers/f&b/services originators with en…

How Long Will The Bull Lasts For Malaysia

Are we in a bull run? Of course we are. Not to labour the point but I highlighted the start of the bull run back in January this year... and got a lot of naysayers but never mind:

p/s: needless to say, this is Jing Tian ... beautiful face and a certain kind of freshness in her looks and acting career thus far

I would like to extend my prediction that the bull run for Bursa stocks should continue to run well till the end of the year. What we are seeing for the past 3 weeks was a general lull where volume suddenly shrunk but the general trend is still intact. My reasons for saying so:

a) the overall equity markets globally will be supported by a benign recovery complemented by a timid approach to raising rates by most central banks

b) thanks to a drastic bear run for most commodities, and to a lesser extent some oil & gas players, the undertone for "cost of materials" have been weak and has pr…