The S&P 500 capped the week off with another record high, flirting with the 7,400 milestone.
With a 2.3% weekly gain, the index has now climbed for six consecutive weeks, matching its longest winning streak since October 2024. Here is a snapshot of the index from the past week:
The table below summarizes the number of record highs reached each year dating back to 2013.
Here is a snapshot of the in...
The juxtaposition of recent record highs against the backdrop of historical selloffs, particularly the 2007 Global Financial Crisis, suggests that current market performance exists within a cycle of historical extremes. The recent focus on continuous upward momentum masks the inherent volatility, which is evidenced by the large fluctuations observed in intraday price ranges. This pattern raises a question about whether the sustained upward trend is reflective of fundamental, sustainable growth o...