Source: Direxion Funds
May 15, 2017
By the numbers…....
- The last time that the S&P 500 was up on a total return basis for the 1st quarter yet finished down for the full calendar year was 2002. (The S&P 500 gained 6.1% on a total return basis in Q1 2017.)
- The 75-year average growth rate of the US economy (i.e. Gross Domestic Product, or GDP) is +3.3% per year. However, the actual growth rate of the US economy has reached +3.3% or greater in only 2 of the last 16 calendar years.