FYI: The S&P 500 cleared its prior all-time highs from 2007 back in 2013, but globally, the stock market has yet to take out its prior all-time highs. Below is a chart of the Bloomberg World index, which is a cap-weighted index made up of 4,990 of the largest stocks around the world. As shown, the global stock market is getting very close to its 2007 all-time highs, but it’s not quite over the hump yet.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/global-stock-market-still-not-at-new-highs/