Peter Schiff said 479 U.S. stocks hit 52-week lows versus 60 highs, arguing most stocks are in bear markets. According to BeInCrypto, Goldman Sachs strategist Ben Snider said the median S&P 500 stock was 16% below its 52-week high, while AI shares and concentrated earnings are keeping the index afloat. Schiff also noted the S&P 500 has returned about 14% in 2026, and Goldman said the index’s forward earnings multiple has fallen to 19 times from 22.
