, Columnist
The Dangers Lurking in Stocks
Perhaps more than anything else, the longest bull market in history has relied on exceptionally low interest rates. Also, weakness in jobs.
President Donald Trump wants Fed Chairman Jerome Powell to cut rates now.
Photographer: Bloomberg
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Markets are setting records a decade after the financial crisis. The current U.S. economic expansion is now the longest on record, running parallel with the bull market in stocks. Confident and continual assertions that the rally in the stock market was unsustainable have been proved wrong.