Well, I do believe that could be disputed, Big Louie, what with students not being able to pay their loans, bridges falling down, unemployment high, debt high, food stamp use high, the sick and hungry multiply beyond scope, cuts and programs ending.
It certainly isn't anything our present President has done, it is a global phenomenon due to a combination of factors, but the biggest one has been the aggressive stimulus programmes undertaken by various central banks to boost growth.
"The European Central Bank (ECB), the Bank of Korea and the Reserve Bank of Australia have all cut their interest rates this month, while rates in most leading economies are at near-historic lows.
Central banks have also pumped trillions of dollars of new money into the financial markets. And there is no immediate sign of these programmes being wound down.
The Bank of Japan (BOJ) recently increased its purchase of government bonds by 50 trillion yen ($520bn; £350bn) per year, while the US Federal Reserve has kept its $85bn-a-month bond buying in place.
This extra money has driven down the returns on government debt, making other assets, such as shares, more attractive.
"If we are entering into a period where we expect very anaemic growth for, say 5-10 years, and we expect interest rates to remain low for 5-10 years, therefore we expect bond markets to have yields that are very low," says Paul Kavanagh from UK-based brokers Killik & Co.
"Then the earnings yield on equities becomes more and more attractive in that environment."
OUR PRESIDENT IS NOT RESPONSIBLE IN ANY WAY SHAPE OR FORM FOR THE MARKET RALLY
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