Stock markets around the world have been on an extended bull run for a long time now, but economists are getting increasingly worried that it could soon be coming to an end.

Two new charts, from Deutsche Bank and Bank of America Merrill Lynch, show that shares are in too-good-to-be-true territory, and that if history is anything to go by, they’re due for a sharp correction.

Let’s look first at the chart from BAML, which shows how the current stock run — driven by US consumer discretionary spending in retail, media, and leisure — compares with other historic rallies.

….2nd chart & analysis HERE