Here we go again. From late March 2020 till almost the end of last year, stock markets had been on an extraordinary tear. When the pandemic exploded, market plunged close to 30% in a matter of weeks. Aggressive government action by the Fed and then Congress staunched the panic, and from then until November 2021, the S&P 500 doubled, with the Nasdaq up even more. Since then, and accelerating…
Read more