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Wednesday, November 11, 2026Nov 11

Warning signs rise for stock market’s record-setting run

This Feb. 7, 2018, file photo shows The Charging Bull sculpture by Arturo Di Modica, in New York's Financial District.  Many along Wall Street expect the bull market rally that began in March 2009 to eclipse the 1990-2000 run that ended with the dot-com crash. But more voices are questioning whether the stock market's run will make it beyond 2019 or 2020.  (AP Photo/Richard Drew, File)
This Feb. 7, 2018, file photo shows The Charging Bull sculpture by Arturo Di Modica, in New York's Financial District. Many along Wall Street expect the bull market rally that began in March 2009 to eclipse the 1990-2000 run that ended with the dot-com crash. But more voices are questioning whether the stock market's run will make it beyond 2019 or 2020. (AP Photo/Richard Drew, File) This Feb. 7, 2018, file photo shows The Charging Bull sculpture by Arturo Di Modica, in New York's Financial District. Many along Wall Street expect the bull market rally that began in March 2009 to eclipse the 1990-2000 run that ended with the dot-com crash. But more voices are questioning whether the stock market's run will make it beyond 2019 or 2020. (AP Photo/Richard Drew, File)

The current bull market in stocks is a month or so away from becoming the longest in history. If it happens, then what?

Many along Wall Street expect the rally that began in March 2009 to eclipse the 1990-2000 run that ended with the dot-com crash. But a growing number of experts are questioning whether the stock market’s run will keep going through 2019 and beyond.

The big threat now is the potential for a punishing trade war, as the United States squabbles with allies and rivals alike on tariffs. That could squeeze earnings and economic growth around the world.

Beyond that, several firmer warning signals for the market are flashing yellow. Here’s a look at some of them:

THE YIELD CURVE