Recent headlines reported a financial milestone, the longest bull market in history. This may have been “fake” news for more than one reason. There are many markets and market sectors. There even is some dispute on how to measure a bull market. Not in dispute is that the overall U.S. stock market has enjoyed a long and notable period of gain, reaching an all-time high without a major setback. An assessment of this accomplishment as well as a review of some relevant context can provide perspective.