fool.com·May 14, 2026
Marc Rowan, founder of Apollo Global Management, expresses concern over the market despite record highs in the S&P 500 and Nasdaq, estimating a 35% chance of a significant correction. In response, he is preparing his firm, which recently surpassed $1 trillion in assets under management, for a potential downturn.
Marc Rowan's preparation for a potential major market correction by positioning Apollo Global Management accordingly suggests a strategic move to protect assets. As an investor, consider evaluating your portfolio's exposure to current market highs and assess potential hedging strategies or diversification to mitigate risks associated with a significant downturn.