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Ups And Downs But Equities Always Win The Long-Term Race At the risk of downplaying the severity of the skid, the magnitude of the decline has "only" been slightly less than 8% on the S&P 500, which as of Monday's close was off 0.80% for 2018. History shows that drops of more than 7.5% are very much normal, having occurred on average every 0.6 years.
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