This Thursday Second Longest Equity Bull Market Reigns

This Thursday, April 28^th, the U.S. equity bull market will become the second longest ever, at 2607 days old. That exceeds the 1949 to 1956 bull market of June 1949 to August 1956 by one day, a Bank of America Merrill Lynch report noted. The longest equity bull market occurred for almost a decade from October 1990 to March 2000, lasting 3452 days. Will this equity bull market challenge the record? The report notes the importance of Fed rate hikes – musing on “one and done” past performance – as it ponders “the final capitulation.”