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  "authorName": "J.P. Morgan Asset Management",
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      "text": "Average cumulative S&P 500 total returns comparing 'Invest on any day' vs 'Invest at a new high'",
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      "text": "Source: FactSet, Standard & Poor's, J.P. Morgan Asset Management. (Left) *Market floor is defined as an all-time high from which the market never fell more than 5%. (Right) **\"Invest on any day\" represents average of forward returns...",
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      "text": "Number of all-time highs (ATHs) since the start of 2025: 43; % of days S&P 500 closes at an ATH: 6.8%; % of ATHs that act as market floor: 30.0%",
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      "text": "Investing at all-time highs",
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