Last Updated: June 2, 2026 at 9:38 a.m. ET
First Published: June 2, 2026 at 7:01 a.m. ET
The S&P 500 logged its 23rd record close on Monday. That’s 20 more record closes than had been recorded at this time last year — an impressive performance that may also keep bubble talk alive.
With stock markets continually hitting new records, one fear is a repeat of the dot-com bust. However, Jonathan Cofsky, co-portfolio manager for Janus Henderson’s $9.35 billion Global Tech and Innovation Fund JNGTX, sees a big difference that should keep a growth peak at bay: physical and power constraints.
