Ben Carlson: Recent drawdowns in major indexes and assets highlighted

Ben Carlson: Recent drawdowns in major indexes and assets highlighted
Major market and asset drawdowns listed

Several major indexes and assets have recently experienced drawdowns from their highs, including the Dow (down 4%), S&P 500 (down 4.3%), Russell 2000 (down 9.6%), Nasdaq 100 (down 12.9%), gold (down 24%), semiconductors (down 31%), and Bitcoin (down 39%).

Ben Carlson, director of institutional asset management at Ritholtz Wealth Management, also commented humorously that his red wine consumption in Italy is "breaking out to new highs."

Carlson has previously noted sharp moves in individual stocks, including a 50% drop in Planet Fitness shares this year. He has also called rebalancing portfolios a timely and straightforward investment strategy in recent commentary, according to earlier advice. These observations come as investors watch a broad pullback across major assets.

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