In my opinion, the U.S. stock market will remain bullish at least until 2027.

The peak period for AI profitability is likely to occur around
Q3 and Q4 of next year, especially in Nvidia's Q4 earnings report.
Nvidia's Blackwell is currently shipping in large volumes, and Vera Rubin will also enter a full ramp-up stage next year,
especially in terms of revenue, which will accelerate in the second half of 2027.
Other companies in the AI supply chain, such as Broadcom and TSMC, are in a similar situation.
Major orders are locked for delivery from 2026 to 2027, with the highest density in the first half of 2027.
At that point, the AI bull market continuing is indeed not a problem.
But as they say, extreme prosperity leads to decline, and cycles repeat.
After the peak, expectations of weakening data will inevitably follow.
Coincidentally, 2028 is also a year of great uncertainty.
The 2008 financial crisis is well known.
2018 was the worst year for U.S. stocks since 2010.
2028 seems to point to this pattern again, especially since AI has surged too much in recent years and cannot sustain itself.
If the U.S. stock market experiences a major correction in 2028, it will truly usher in a golden opportunity to buy the dip.