One major legacy of Wall Street's four-year rally will be that it came while the economy and Main Street lagged.
For that reason, two market experts at this week's SkyBridge Alternatives conference in Las Vegas said, the bull run has to be viewed with somewhat jaded eyes.
"We're in a gap between financial markets and the real economy, between Wall Street and Main Street," Nouriel Roubini of Roubini Global Economics said at the hedge fund conference, also known as SALT. "Financial markets look happy about what's going on. Look at the real economy and what's going on there."