S&P 500 Rolling 10-Year Returns

Below is a chart we update from time to time showing the rolling 10-year price change for the S&P 500 going back to the start of the index in 1928.  As shown, over the last ten years, the S&P 500 is up 64.8%.  This might seem like a lot, but compared to past runs for the index, it barely shows up.  Since 1937, the average rolling 10-year return for the S&P has been 103%, so the current 10-year gain of 64.8% is only two-thirds of the average.