Ben Carlson: Stock market reaches new highs despite volatility and macro risks

Ben Carlson: Stock market reaches new highs despite volatility and macro risks
Stock market reaches new all-time highs

Ben Carlson, director of institutional asset management at Ritholtz Wealth Management, CFA, author, investor, observes that the stock market has returned to new all-time highs despite recent significant market turbulence.

He highlights events such as a brief crash in technology's "Mag 7," a downturn in semiconductor stocks, the Iran War, increased gas prices, and rising long-term interest rates. Carlson calls the stock market's resilience remarkable given this backdrop.

Carlson has previously highlighted that the S&P 500 recorded 72 up years and 26 down years between 1928 and 2025, matching the number of strong rally years to losing years in that period, according to historical data he shared. Earlier this year, he noted the S&P 493 outperformed both the S&P 500 and the Mag 7 with a 14.4% return. These observations come as Carlson continues to track market performance through periods of volatility.

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