On April 1, 2019, my article entitled "Falling U.S. Rates And The Stock Market" went live on Seeking Alpha. I identified falling U.S. rates relative to Japanese interest rates; effectively a shift in sentiment whereby the U.S. was becoming less attractive from a forex currency and carry-trade perspective. This sentiment has continued.
The chart below shows how stocks have moved since April 1, 2019, which is marked using a black vertical line.
(Chart created by the author using TradingView.com charting tools. The same applies to all other charts presented herein, unless expressed otherwise.)