#S&P500

The Impact of War on the Market (S&P 500 Max Drawdown) 📉

🇰🇷 1950 Korean War — -12.9%

🇻🇳 1955 Vietnam War — -10.6%

🇮🇱 1973 Yom Kippur War — -17.3%

🇰🇼 1990 Gulf War — -19.9%

🇦🇫 2001 Afghan War — -20.9%

🇺🇦 2022 Russia-Ukraine War — -8.9%

While initial shocks are steep, the S&P 500 historically turns positive within six months of conflict.

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