It’s official: This is the longest ever US bull market – The Wall Street Journal
DUBLIN – It should come as no surprise that on Wednesday, this officially becomes the longest-ever bull market in US history. The US economy is thriving, unemployment is at previously unthinkable lows, yet inflation is well-contained. Despite massive levels of government and corporate debt, investors can't get enough of the dollar, of US Treasuries, and of US stocks. This bull market has been driven – to a remarkable degree – by a small handful of extraordinary companies. Tech giants like Google parent Alphabet, Facebook, Amazon, and Apple have been the locomotives driving the market upward. On the other hand, many sectors of the market have yet to recover their pre-crash levels. It is, in other words, a very uneven bull market, but an enduring and powerful one nonetheless. So, obviously, the question is: when will the crash come? It's impossible to say, of course, but it will come – Felicity Duncan
By Michael Wursthorn and Akane Otani
(The Wall Street Journal) U.S. stocks are on the verge of surpassing their longest-running rally, ratifying a market rebound that began in the ashes of the financial crisis and defying those who have questioned its staying power.
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