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But we saved everything 🙂.
The S&P 500 index has achieved 1,313 all-time highs from its start in 1957 through today, according to Peter Mallouk.
Mallouk highlighted that this milestone translates to a new high every 19 days on average. The statistic underscores the long-term growth trajectory of the S&P 500 within U.S. financial markets.
Mallouk has previously said that markets usually decline 10 percent every two years and 25 percent every six years, citing Peter Lynch's view in a recent article. He has also referenced Charlie Munger's perspective on the importance of reacting calmly to even 50 percent drops for shareholders to achieve stronger results, according to a separate post. These comments put the S&P 500’s long-term gains in the context of its frequent, significant pullbacks.