Average Is Rare

April 6, 2015 – The historical annual return of the S&P 500 index back to 1957 is 9.62%. Interestingly, the market almost never returns the average. In 1958, the market returned 43%, while in 2008, it dropped 37%. To try to visualize how rarely the index returns just its average, this chart shows one year moving averages in blue. You …