As markets closed today, the S&P 500 notched its first five-day losing streak since April of last year.
But not all losing streaks are created equal. Over the past five sessions, U.S. large caps are down just 1.52%. Unpleasant, yes — but hardly alarming. Since the last time we saw a streak this long, the market has logged 61 worse five-day returns than what we just witnessed.
Headlines thrive on fear. Context tells a different story: the S&P 500 is still less than 2% off all-time highs.
Focus on perspective — not panic.
