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Data: Around 60% of the global stock market is hitting all-time highs, and the bull market in risk assets is gaining momentum

2 days ago

On October 30th, the Kobeissi Letter released data showing that in the past 21 days, approximately 60% of the global stock market has reached an all-time high, which is the highest level in at least two years. Major markets such as the United States, Canada, Japan, the United Kingdom, and Germany have all set new records. This proportion has doubled in the past few weeks. The S&P 500 alone has hit 37 all-time highs this year, marking the third-best winning streak since 2017, second only to the records of 57 in 2024 and 70 in 2021. The global risk asset bull market is at its peak.
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