Spring 2019 - Did you know?
Spring 2019 - Did you know?

Spring 2019 - Did you know?





Spring 2019 - Did you know?

A quiz to test your market and economy knowledge.

When returns are better than expected in Q1, just how often does the next quarter portend a positive return? How many bicycles are manufactured globally? And since the 2018 midterm election, what is the return on the S&P 500? Test your knowledge in the latest edition of "Did You Know?".


Question: Since WW2 there have been 17 quarters with stronger returns than we experienced in Q1 of this year. While realizing that historical trends do not recognize cause and effect relationships, how often (% of time) does the next quarter portend a positive return?

  1. 0%
  2. 22%
  3. 44%
  4. 88%


  1. 88%

Fifteen of those seventeen quarters (88%) saw positive returns over the next quarter. Historically, nearly 70% of quarters have seen positive returns for the broad market domestic equity gauge, so this evidence suggests an above-average likelihood of positive return persistence after strong quarters. The returns in those subsequent quarters were pretty strong at +6.3%, which is more than 2x the average quarterly return over this long-time horizon.



Question: How many bikes are manufactured in the world each year?

  1. 10 million
  2. 70 million
  3. 100 million


  1. 100 million

The first bicycles were created in France, but its modern design was born in England. Inventors who first conceived modern bicycles were either blacksmiths or cartwrights. Read more bicycle facts here.



Question: Since the 2018 mid-term election what is the return on the S&P 500?

  1. 5%
  2. -4%
  3. 2%
  4. -2%


  1. 2%

We mentioned in our Fall Commentary that since 1930 the U.S. equity market has done well during the 12 month period following mid-term elections, whether it is a Democratic or Republican majority. Despite having the worst December since the Great Recession, the S&P 500 has returned 2% since the November 2018 mid-term election.



Tags:  Bicycle History, Did You Know?, Economic Health, Market Commentary, Market Knowledge, Market Quiz, Market Trends, Mid-term Elections, News and Markets, S&P 500, Spring 2019, US Economy, US Market

Note:  The content of this article is for guidance and information purposes only and is not intended to be construed as advice. Information provided is not intended to provide investment, tax, or legal advice.

External Links:  This page may contain External Links. By clicking on these links, you are leaving the TC Wealth Partners website and going to a third party site. We are not responsible for the products, services, and content provided on third party sites. We also cannot endorse or guarantee the information or recommendations provided on third party sites. To learn more about our Security and Privacy policies, please visit our Terms of Use section.