Kevin Mahn Predicts 2026 Bull Market Continuation Amid Heightened Volatility

On December 24, 2025, Kevin Mahn, President and CIO of Hennion & Walsh Asset Management, appeared on CNBC’s Squawk Box to forecast that the current bull market will continue into 2026 but with significantly higher volatility [1]. Corroborating internal sector performance data from the same day shows Consumer Defensive leading gains (1.17928%), Technology (a key bull market driver) posting modest growth (0.24903%), and Consumer Cyclical lagging (-0.2835%) [0]. This sector rotation into defensive assets—typically favored during periods of uncertainty—suggests market participants may already be positioning for the increased volatility Mahn predicts.

The December 24 sector trends reveal a subtle shift in investor sentiment: even as the broader market shows positive performance, there’s a move toward more defensive holdings, which historically precedes amplified market swings. Mahn’s forecast of sustained bullishness alongside volatility underscores a scenario where investors can still benefit from market gains but face greater short-term fluctuations.

Risks include elevated market volatility driven by potential sector rotations, evolving economic conditions, and investor caution. Opportunities may emerge in defensive sectors that are already demonstrating strength, as well as strategic portfolio rebalancing to navigate volatility while remaining exposed to the expected bull market.

Kevin Mahn predicts the bull market will continue in 2026 but with increased volatility. December 24 sector performance data shows defensive sectors leading, Technology growth slowing, and Consumer Cyclical lagging—early signals that align with Mahn’s volatility expectations. No specific investment recommendations are made, and all insights are based on cited data and market commentary.