I yearn for the quaint old days of receiving the occasional email from a “Nigerian prince”, asking me to help him protect the riches of his country by accessing my bank account as a conduit to safety.
My last post was about the possible disconnect between the stock market (the price of the underlying companies) and the health of the economy (the value of those underlying companies).
In a dramatic recovery, U.S. stocks posted their best quarterly results in more than 20 years leading a global rally that decreased year-to-date losses from the first quarter sell-off.