Beware the Fool’s Rally

Like many of you, I’m hopeful that the rally we’ve seen over the last couple of weeks will hold and we’re on the road to recovery and new highs, maybe before the end of the year. Before we decided to shut everything down overnight and put tens of millions of people out of work, the economy was running on all cylinders. While we had a bull market that had been going for more than 10 years, since the last bear that happened during the mortgage meltdown of 2008, there was nothing about the markets that indicated we were ...