~45% of world stock markets hit all-time highs in the past month (local currencies) the strongest since 2007. In USD terms, ~35% reached records, also the best reading since the pre-crisis peak. At the start of 2025? Just 0–5%. Breadth is exploding: 92% of MSCI ACWI markets are now within 5% of a 52-week high a level seen only 4 times this century. The global bull market is expanding.

~45% of world stock markets hit all-time highs in the past month (local currencies) the strongest since 2007.

In USD terms, ~35% reached records, also the best reading since the pre-crisis peak.
At the start of 2025? Just 0–5%.

Breadth is exploding: 92% of MSCI ACWI markets are now within 5% of a 52-week high a level seen only 4 times this century.

The global bull market is expanding.