2026 U.S. Stock Market Resilience May Set a 30-Year Record

ME News reports that on August 17 (UTC+8), The Kobeissi Letter stated on X that the U.S. stock market in 2026 has demonstrated unprecedented resilience, potentially becoming the first full year in at least three decades without a single NYSE “80%+ downside-volume day.” An “80%+ NYSE downside-volume day” refers to a day when at least 80% of the trading volume on the New York Stock Exchange comes from declining stocks, typically viewed as a key signal of broad selling pressure in the market. Data shows that during the 2008 global financial crisis, the NYSE recorded 49 such trading days; during the 2022 bear market, there were 33; and in 2025, there were 9. Since 1997, this metric has averaged approximately 21 occurrences per year, and no full year prior has ever recorded fewer than five such days. The Kobeissi Letter noted that, to date in 2026, the market has seen almost no widespread selling pressure, indicating relatively limited investor liquidation and strong structural support. The current U.S. stock market is exhibiting “unprecedented resilience,” though this phenomenon also suggests that market risks may be increasingly concentrated around potential future liquidity shifts or unforeseen events. (Source: ODAILY)