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Phil Rosen reports that the S&P 500 has already hit 18 new record highs in 2026.
He observes that such a pace is exceptional, as the index typically reaches this milestone just 21 times on average per year. Rosen highlights the ongoing acceleration of the AI-driven trade, the possibility of Federal Reserve rate cuts, and a White House closely watching asset prices.
Earlier this year, Rosen reported that semiconductor stocks surged in 2026, with Micron and the iShares Semiconductor ETF outpacing broader indices. In a separate review, he cited historic declines in stocks, profits, and wages during the Great Depression. These previous posts provide additional context to market performance amid current record highs.