April Showers

The last 7 times (taking place since 2010) that the S&P 500 index recorded a negative total return result over a trailing 12-month period, the index bounced back each time with a positive gain of at least +15% (total return) over the next 12 months. The 1-year average return of all 7 comebacks is +27.6% (total return) (source: BTN Research).