S&P 500 Drawdown Below 10% For First Time Since 2012
February 10, 2016 at 08:04 AM EST
Drawdowns rarely exceed 10%, but this isn’t one of those times. The winning streak has hit a wall recently, as reflected in the return of drawdowns of 10%-plus in 2016. As of yesterday, the S&P is nursing a drawdown of 13.1%–the steepest since 2012.