investing

S&P historical returns for 5 worst periods

Graph source: Robert Shiller

Year: 1941

Drop over previous 5 years: 48.7 percent

Stock market returns hit the skids in spring of 1940. But stocks were the least of the world's worries with World War II raging in Europe. The U.S. was pulled into the fray in December 1941 after the Japanese bombed Pearl Harbor.

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