The S&P 500 has risen from the troughs of all nine declines of at least 20% over the past 60 years. Using its Sept. 23 close of 7,706.03, gains range from 115.4% since the 2022 low to 12,273.2% since the 1974 low.
The article defines a crash as a fall of at least 20% from a recent peak. The largest decline on its list was 56.8% during the 2007–09 global financial crisis; a 19.9% drop in 1990 did not meet the threshold.
The article says near-term market moves cannot be predicted and past performance does not guarantee future results. It cautions that trying to time a crash or panic-selling could leave investors with losses or cause them to miss gains if markets later recover.
