More On Average, Annual Return And Tough Week For High Yield

Seeking AlphaToday's Market | Market OutlookMore On Average, Annual Return And Tough Week For High YieldSep. 29, 2020 9:01 AM ET|| Includes: ACP, AIF, ANGL, ARDC, AWTM, BAPR, BAUG, BBSA, BIBL, BIL, BILS, BJUL, BJUN, BOCT, BSJS, BTYS, CHGX, CIF, CIK, CLTL, CRF, CSTNL, DDM, DFVL, DFVS, DHY, DIA, DLBL-OLD, DMRL, DOG, DSU, DTUL, DTUS, DTYL, DTYS, DUSA, DXD, EAD, EDOW, EDV, EEH, EGF, EPS, EQL, EQWL, FALN, FEX, FHY, FIBR, FLGV, FLHY, FWDD, GBIL, GGM, GOVT, GSEW, GSY, HIX, HUSV, HYDB, HYG, HYLB, HYLD, HYLS, HYT, HYUP, HYXF, IEF, IEI, IVH, IVOL, IVV, IWL, IWM, JEPI, JHML, JKD, JNK, JQC, JSD, KIO, MCI, MPV, NHS, OMFS, OPER, OTPIX, PAPR, PAUG, PCF, PHT, PJAN, PJUN, PLW, PPLC, PSQ, PST, PTBD, QID, QLD, QMJ, QQEW, QQQ, QQQE, QQXT, RINF, RISE, RSP, RVRS, RWL, RWM, RWSL, RYARX, RYRSX, SCHO, SCHQ, SCHR, SCHX, SDOW, SDS, SFLA, SFY, SGOV, SH, SHV, SHY, SJB, SMLL, SPDN, SPHY, SPLX, SPSM, SPTI, SPTL, SPTS, SPUU, SPXE, SPXL, SPXN, SPXS, SPXT, SPXU, SPXV, SPY, SQQQ, SRTY, SSO, SSPY, SYE, TAPR, TBF, TBJL, TBT, TBX, TFJL, TLH, TLT, TMF, TMV, TNA, TQQQ, TRND, TTT, TWM, TYBS, TYD, TYO, TZA, UAUG, UBT, UDN, UDOW, UDPIX, UJAN, UJB, UOCT, UPRO, URTY, USA, USDU, USHY, USMC, UST, USTB, UUP, UWM, VFINX, VGIT, VGLT, VGSH, VLT, VOO, VTWO, VUSTX, VV, WFHY, XVV, ZF, ZROZby: Brian Gilmartin, CFABrian Gilmartin, CFA Long Only, Value, Growth, large-capWww.Trinityasset.Com.cls-1{fill:#024999;}SummaryFor 94 years, the "average, annual" return for large-cap stocks, which per the Ibbotson data is the S&P 500, is above 10%, and probably closer to 12%.
The only return period that matched or roughly approximates the 103-year average, annual return for the S&P 500 is the decade from 1/1/2010 to 12/31/2019, and obviously from the March 9, 2009 low.
The pullback in the S&P 500 and the Nasdaq hasn't made everyone universally bearish or that nervous yet, but you don't want to see corporate high-yield get much worse in terms of return.
Almost a month ago this chart was posted, and what... Read more