The Longest Streak Ever Without a 5% Correction
Submitted by ClearBridge Wealth Management on January 25th, 2018Incredibly, the S&P 500 Index has now gone a record 395 trading days in a row closing within 5% of its all-time high—just topping the 394 days seen during the mid-1990s. This is huge news! Other than a Brexit- induced single day sell-off in late June 2016, 466 of the past 467 trading days have closed within 5% of the all-time high.
