Name: Coronavirus sell-off: why markets have further to fall | Charts that Count
Uploaded: 2020-03-20T23:00:28.000Z
Duration: 2 min 39 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

US stock markets are now down more than 25

per cent from their highs of less than a month ago.

And we have just experienced the biggest one-day sell-off

That makes this the perfect time to take a step back

This is a chart of the S&P 500 over the last decade.

will help put the recent furious sell-off into perspective.

The first is that for all the fear and fury

we are still not down to the lows hit at the end of 2018.

have been given up, except in certain sectors like banking

and energy, which have broken that important threshold.

have made an average nominal return of 10.2 per cent.

annual inflation-adjusted returns for American markets

So investors who've been in the market for 10 years

reassuring because as has been true for a long time,

investors who simply keep their money in the market

that 10-year average returns are still above average

suggests that markets could still fall more and still

Over the last decade, investors in the US stock market

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Coronavirus sell-off: why markets have further to fall | Charts that Count

perspective

figure

pattern

term