S&P 500 hits 15th record high amid rising geopolitical risks and inflation concerns

The S&P 500 reached its 15th all-time high this year despite growing macroeconomic and geopolitical challenges, including ongoing Middle East conflicts driving up oil prices and inflation. Strong corporate profits, especially from AI-focused tech companies, support the market, but narrowing market breadth and low consumer confidence raise caution. Investor Lawrence Fuller advises gradual risk reduction and tactical portfolio adjustments to navigate potential shocks from inflation and energy issues while maintaining exposure to growth opportunities.