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Chart of the Day: Eight Months

blue line chart with the median S&P 500 return in dark blue, and the historic average in a light blue

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Today’s Chart of the Day from Nuveen shows that in all the recessions going back to 1953, on average, stocks hit their bottom six months into a recession and broke even again in eight months. It’s been so long, we often forget the pain we feel in a severely depressed market, but they are relatively short lived.