No, that is not the longest running bull, not even close.  The longest was 4,494 days from December 1987 to March of 2000, when the S&P 500 rose 582%.  The second longest 2,607 days from 1949 to 1956, when the S&P rose 267%.  We’re number three and thankful there is still room to run.  This is NOT unexplored territory.

A few months ago, legendary Goldman Sachs advised its clients to cut back on their allocation to stocks.  They just reversed themselves, suggesting clients should increase or over-weight their allocation to stocks, predicting global stocks (ex-Japan) will rise 3.5% over the next three months and 12% over the next twelve months.  I guess they also expect the bull to keep running.

Just think . . . in another two years, we’ll be NUMBER TWO !!