This bull is running because of astounding fundamentals, a unique time in history and tectonic scale shifts in the economic and political worlds. It is not running because of luck, coincidence or the sudden good will of bankers.
As a history major who studied the Industrial Revolution with great interest and amazement, I believe the Internet, global communications, and p2p, will prove to have an impact on a scale magnitudes greater. The faltering of the economic and political power structures IS A SHIFT of reality we have yet to comprehend.