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Jan 07 2026

Estimating the Downside - January 2026

  • Jan 7, 2026

After narrowly averting a bear market in April, the S&P 500 rocketed 39% to end the year with an +18% total return. At present, our data shows the potential downside to revert to median levels is a loss of 44%.

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About The Author

Phil Segner / Sr. Research Analyst & Co-Portfolio Manager

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