'Bull markets do not die of old age': Managers confident record US equity run still has legs despite threats

Set the record on 22 August

Industry commentators are cautiously optimistic the US equity market's record-breaking bull run has "some way to go" but warned factors such as interest rates rising too quickly or a full-blown trade war with China posed the largest threats.

On 22 August, the S&P 500 broke the record for the longest bull market in history, clocking up a 3,543 day run that started on 9 March 2009 when the index was trading at 676 points. Following a rise of 328%, the S&P 500 reached 2,896 points (as on 28 August) nine-and-a-half years on from when it started to recover from the bear market caused by the Global Financial Crisis (GFC). Shortly before noon today (4 September) the S&P had climbed further, trading at 2,902 points. The main driver of this record run has been the huge quantitative easing programmes launched by major central banks...