The chart of the week looks at various geopolitical events that have occurred throughout the years and the related market returns for the S&P 500. It is good to keep in mind that the market does not always view these events as strongly as many of us may. On average, the total drawdown, or total drop in market value, over the course of these events averaged 4.6% and took about 43 days to recover. We will see how much the current Russia situation affects the markets but it could have come at a time where the market is fragile due to other events as well.

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