Is the U.S. stock market’s ‘unstoppable growth’ finally questionable?

I’ve always believed that no matter how much the S&P drops, it will eventually recover because the U.S. has been an economic powerhouse for the last century. After every crash — even 2008 — the market bounced back within a few years. But now I’m questioning that mindset. The U.S. was the global leader after WWII, fueled by tech dominance, the financial center in New York, and the strength of the dollar. But now the gap is closing — China and India are growing faster, and the U.S. doesn’t seem to have another major industry driving growth like tech once did. Do you think U.S. market dominance is still as secure as it once was, or is this mindset outdated?