Bulls to continue run but on borrowed time

US stocks rose to new records last week as investors were relieved that a Florida storm, a North Korean missile test and inflation data were not worse.

Stocks could continue their record run this week, unless the Federal Reserve, North Korea or the Trump administration's tax plans produce a shock.

Shares of insurers rebounded as Hurricane Irma's most devastating effects were concentrated on small Caribbean islands such as St Martin and the Virgin Islands. The storm had weakened to a Category 2 by the time it landed near Tampa.

Even as it avoided the annihilation seen in those places, Florida still saw catastrophic damage, with millions of people left without power and some cities fl…