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While global trade tensions make headline news, U.S. stock markets keep grinding higher. The S&P500 Index continued its recent recovery and exceeded its January high on August 21st. The next day it became the longest bull market in history at over 3,400 days. Since its bear market low on March 9, 2009, it has risen more than 320%! As impressive as that has been, the rally still falls short of the record 417% run in the 1990s, which was also powered by the technology group, notably the frothy ‘dot.com’ stocks. The latest leg of the bull run for the U.S. stock market has been driven by booming economic growth and renewed strength in quarterly corporate earnings. Investors have also bet that the global economy will continue to expand at a steady pace even amid turbulence in some emerging markets such as Turkey and Venezuela. (more…)