70% Up Over 10 Years
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Production of the U.S. penny has officially ended. Learn what this means for you.
Today’s Chart of the Day comes from OfDollarsAndData.com and shows the percentage of years with positive returns per 10-year spans going back to 1900.
You can see that the average is around 70% of the time, meaning that seven out of every 10-year span ends positive.
The past is no predictor, and we don’t know what new challenges 2023 will hold, but the article the chart comes from provides a few studies that show following a big down year like 2022, it is more likely to be positive than negative.
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