The losses in December are predicted to be the greatest the US has seen since 1931 during the Great Depression, inciting fears of another recession. The last time such a fall was recorded was sixteen years ago when the S&P 500 saw a six percent fall during December 2002. This year, however, the S&P 500 has lost nearly eight percent of its value during this last month of 2018, eclipsing the earlier loss of 2002 by almost two percent.
