28 Remarkable Facts About The Market And The Economy

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by Tyler Durden
Monday, Nov 27, 2023 - 12:15 AM

Below we highlight several notable, remarkable and otherwise noteworthy market observations compiled from across the Goldman trading desk by the bank's head of hedge fund coverage Tony Pasquariello:

1. The S&P typically makes money in nearly four of every five years: going back to 1945, the average annual total return of S&P is +12%, with 78% of all years positive. For context, the YTD total return is +20%.

2. If you invested $1,000 in the S&P500 in 1945, you would have $3.4 million today (a return of 3,400x). If that money was only invested from May through October, you would have $10,000 today (a return of 10x). Now, if that money was only invested from November through April, you would have $340,000 today (a return of 340x). This illustrates both the influence of the "best six months" seasonal, as well as the truly immense power of compounding.