The Stock Melt-Up Explained in Three Easy Pieces
A user plays the “Candy Crush Saga” puzzle game on an iPhone 5 in this arranged photograph in London, U.K. (Photographer: Simon Dawson/Bloomberg)

The Stock Melt-Up Explained in Three Easy Pieces

(Bloomberg Opinion) -- The global rebound in equities from December’s gut-wrenching sell-off has many calling it a “melt-up,” defined as a sharp and unexpected gain driven by a stampede of investor...
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