Long Term Market Recoveries September 2, 2015 9:00am by Barry Ritholtz Source: Putnam Investments Spread the wealth. twitter facebook linkedin What's been said: Discussions found on the web: adrian.who commented on Sep 2 The 2011 decline of S&P500 index (closing prices, dividends ignored, Yahoo Finance: ^GSPC) was a 5-month 19,39% decline, from 1363,61 on Apr 29 to 1099,23 on Oct 3. The graph says dividends are not ignored, but reinvested. Still, I don’t think that by doing that you can get a 7-month 7% decline in 2011, like the graph says. intlacct commented on Sep 3 Great point. That was almost a bear… Maybe because I have a lot of int’l it was a bear in that. I definitely remember it more severe than a 7% pimple. bobsmith commented on Sep 2 Graphing that way is a bit misleading since the downside is capped at 100%. Perhaps a logarithmic or db scale would be more appropriate. Posted Under Cycles Market History Previous Post 10 Wednesday AM Reads Next Post Are You a Trader or an Investor?