It is worth noting that, just like the 2008 financial crisis, ratings agencies' official pronouncements continue to lag market reality. For all of the bluster about putting Uncle Sam's bonds on negative watch, major rating agencies continue to uphold the government's triple-A rating. The obvious conclusion is that ratings agencies cannot be trusted.
If you still want to make a case for a bull market, you need to go somewhere else. Maybe the inmates at your local insane asylum would make a good test audience.
Full disclosure: Long FXI and GDX with covered calls, no other equity positions. Long California state municipal bonds. Lots of cash on hand too, ready to buy when people really panic.