06/11/2026
The S&P 500 recently gained more than 19% in just 2 months.
Historically, that's only happened 7 other times.
In every prior instance, the market was higher:
• 1 month later
• 3 months later
• 6 months later
• 12 months later
Average gain 1 year later: more than 40%.
A few other data points:
• Since 1980, the S&P 500 has returned approximately 12% annually despite average intra-year declines of roughly 14%.
• The S&P 500 has already recorded more than 20 all-time highs this year.
• Since 1950, the market has averaged roughly 16-18 new all-time highs annually.
History doesn't predict the future, but it often provides useful context.
As investment accounts and retirement balances grow, people tend to feel more confident making major financial decisions. That confidence is one reason we've seen strong demand and 20%-30% year-over-year appreciation in some San Francisco neighborhoods.
DRE #02022132