The S&P 500 just logged one of its worst quarters in history and one of its best quarters in history back-to-back in the first half of 2020.
Specifically, the S&P 500 lost 20% in Q1 while making about 20% in Q2. The only other times in history this has happened were both during the Great Depression (Q3 or 1932 and Q2 of 1938) (Source: @Sentimentrader).
I’ve written about the potential for huge price swings in both directions previously.
This puts the S&P 500 down a little over 3% on the year while the global stock market is down over 7%. Meanwhile, gold and bonds are up on the year.