A Month the Bears Would Rather Forget
The bears got slaughtered in April.
The nattering nabobs of negativity , who had spent March sharpening their claws with considerable enthusiasm and no small amount of assistance from Wall Street and media analysts afflicted with Trump Derangement Syndrome, discovered in April that they had been preparing for a fight the market had no intention of having.
The S&P 500, oblivious to the script written for it, rose 10.4 percent, its finest monthly performance since that peculiar autumn of 2020 , when stocks levitated on a cocktail of COVID vaccines, reopened retail, fiscal profligacy, and the prospect of a…
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