Lessons of History
| Crisis | Drop in | 6 Months |
1 Year |
| S&P 500 | Later |
Later |
|
| Korean War, June 1950 | -15% in 5 wks | +31% | +36% |
| Sputnik, October 1957 | -10% in 3 wks | +8 | +30 |
| Steel Price Rollback, April 1962 | -20% in 8 wks | +11 | +24 |
| Liquidity Crisis, May 1970 | -12% in 4 wks | +16 | +42 |
| Arab Oil Embargo, October 1973 | -17% in 9 wks | -1 | -28 |
| Nixon Resignation, August 1974 | -19% in 5 wks | +30 | +27 |
| Currency Crisis, October 1978 | -11% in 3 wks | +8 | +16 |
| Hunt Silver Debacle, March 1980 | -12% in 4 wks | +26 | +29 |
| Interest Rate Rise, September 1981 | -13% in 4 wks | +8 | +12 |
| Financial Panic, October 1987 | -26% in 3 wks | +7 | +16 |
| Iraq Invades Kuwait, August 1990 | -20% in 12 wks | +28 | +30 |
| Asian Currency Depreciation, March 1997 | -10% in 2 wks | +29 | +36 |
| Russian Debt Default, May 1998 | -19% in 7 wks | +40 | +40 |
| September 11 U.S. Tragedy, September 2001 | -12% in 2 wks | +19 | -6 |
| War in Iraq, March 2003 | -3% in 1.7 wks | +19 |
+27 |
| Data sources: Ned Davis Research & Yahoo Financial | |||
