This 30-year market veteran is alarmed by a near-record S&P 500. Here’s where he’s investing instead.

October 15, 2026 · 11:17 am 1 sources

Image: MarketWatch

Coverage

Coverage

• This 30-year market veteran is alarmed by a near-record S&P 500. Here’s where he’s investing instead.
  MarketWatch · October 15, 2026 11:17
  Steven Jon Kaplan sees a completely irrational stock market right now, and investors ignoring a perfectly safe way to play that.