2026 Market Outlook: Are Stocks in a Bubble After the 2023–2025 Rally?


As 2026 begins, this market briefing examines whether the powerful 2023–2025 stock market rally is approaching bubble territory. David Hollander reviews how recent gains compare to the strongest three-year runs of the past century, what forward returns have historically looked like after similar periods, and why caution matters moving forward. 

The episode also breaks down the four key pillars supporting today’s market and explains the warning signs investors should be watching as the year unfolds. 

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