EDITOR'S NOTE
Behold the greatest stock market boom in recorded history.
The S&P 500 is up more than 468% since March 9, 2009, when markets began recovering from a financial crisis, according to The Leuthold Group.
That tops a 454% surge after World War II. It also overshadows the 1990s bull run of 391% and the 2002-to-2007 rally that notched a 121% gain, writes CNBC's Yun Li.
 Stocks, hovering around record highs, were little changed Thursday. But some strategists say the market still has room to run higher, writes CNBC's Patti Domm.
The long-running boom has made investors nervous with every spike along the way. One reason is because it's been accompanied by unnaturally low interest rates and an unfathomable increase in debt levels. Corporate debt now totals $6.5 trillion and the national debt has eclipsed $23 trillion.
Deficit spending for the past 12 months has surpassed $1 trillion. Federal Reserve Chairman Jerome Powell told the House Budget Committee that the debt is growing faster than the economy. But there's no reason to start worrying about all that debt now.
"If you look at today's economy, there's nothing that's really booming now that would want to bust," Powell said. "In other words, it's a pretty sustainable picture."
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Kamis, 14 November 2019
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