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Ben Carlson, director of institutional asset management at Ritholtz Wealth Management, CFA, author, investor, discusses the intense rally in the stock market and whether it signals a peak in investor FOMO.
He highlights themes such as potential parallels to the dot-com bubble, the global nature of the AI trade, and the ongoing challenges in the housing market.
Carlson has previously tracked equity performance outside the U.S., noting that South Korea outperformed the S&P 500 over the past decade, with recent gains driving that trend. He has also discussed how rising long bond yields have raised questions about growth, inflation, and debt risk. These observations add context to his current commentary on market sentiment and sector momentum.