This Stock Market Can Be Awfully Deceiving
A sign that reads “Caution” is displayed on a sidewalk in Los Angeles. (Photographer: Kevork Djansezian/Bloomberg)

This Stock Market Can Be Awfully Deceiving

(Bloomberg Opinion) -- When the S&P 500 Index surged on Tuesday to its highest in five weeks, bringing its rally since bottoming on March 23 to 27%, the sense was that the market was signaling that...
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