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Over the past decade or so, every time US stocks fell, someone would shout "This time it's going to crash"
But from the financial crisis to the end of 2025, in the 17 complete years of the S&P 500, only 2 years were down: about 4.4% in 2018 and about 18.1% in 2022
The Nasdaq 100 was more volatile, dropping about 33% in 2022, but rising about 54% in 2009, about 48% in 2020, about 54% in 2023, and also about 20% in 2025
In between, it experienced the European debt crisis, trade war, pandemic circuit breaker, aggressive rate hikes, bank failures, and AI valuation disputes
Each time it looked scary, but over the long term, the S&P recovered time and again, and the Nasdaq 100 repeatedly hit new highs
So I think when it comes to US stocks, you have to have your own judgment. Short-term fluctuations are more about emotions; the long-term trend depends on asset quality. Don't be easily swayed by market sentiment just because someone says "it's going to crash"
For information sharing only, not investment advice