FYI: The S&P 500 now sits down 8.05% year-to-date through 162 trading days. Below is a look at the S&P 500′s YTD performance through 162 trading days of every year since 1980. As shown, there have been two years (2010 and 2011) since the bull market began in March 2009 where the index was down 5%+ at this point in the year. In both 2010 and 2011 we rallied hard over the remaining 4+ months of the year. We were down 13% YTD in 2008 at this point, and we went on to crash another 30% over the remainder of the year. The other years where we were down 4%+ after 162 trading days were 1981, 1982, 1990, 2001 and 2002. You can see the rest-of-year returns for each of these years in the table below.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/sp-500-at-162-trading-days-into-the-year/