It is November 2032, after 1384 days of non-stop ATH, the market finally decided to drop by 0.5% on all key indices. It was not the slow recovery from the war in Iran, nor the Cuban takeover, the Greenland winter strike, the Panama’s Bay battle, the fall of Kiev, the Canadian campaign, the Taiwanese integration, or a forward PE reaching 75. No. Just for once, there were more sellers than buyers, and nobody to buy the dip.
More seriously: some statistics for ATH
[https://x.com/Bluekurtic/status/2054871845086568797](https://x.com/Bluekurtic/status/2054871845086568797)
2 weeks ago, so the number of ATH for S&P500 is a bit higher now: “S&P 500 just logged its 17th ATH of 2026.
Since 1950, there have been 31 years with 17+ ATHs. Excluding 2018, [$SPX](https://x.com/search?q=%24SPX&src=cashtag_click) finished higher in 30 of those, with an average gain of 19.7%.
A similar move in 2026 would put the index near 8200.”
Thoughts?