Today’s Chart of the Day comes from and shows the percentage of years with positive returns per 10-year spans going back to 1900.

You can see that the average is around 70% of the time, meaning that seven out of every 10-year span ends positive.

The past is no predictor, and we don’t know what new challenges 2023 will hold, but the article the chart comes from provides a few studies that show following a big down year like 2022, it is more likely to be positive than negative.