The S&P 500 fell more than 13% between January and April of this year. That's the worst four-month start to a year since 1939.
New York The S&P 500 fell more than 13% between January and April of this year. That's the worst four-month start to a year since 1939, when longtime legendary investor Warren Buffett was just nine years-old.
Comparing today's stock market to 83 years ago isn't an entirely apples-to-Apple comparison — for one, the S&P was made up of only 90 companies back then. But it has clearly been an abysmal first third of the year for investors from any reference point. The Dow is down 9% and the tech-heavy Nasdaq plummeted 21%.There is an old Wall Street adage that many investors"sell in May and go away.
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