Source: CNBC.com
The S&P 500/SPX (SP500) has surged by over 25% since a bottom was put in several weeks ago.
Source: StockCharts.com
It has been a notable rebound since we called the bottom in our Marketplace group on March 23rd.
However, a potential problem is that the recent stock market rally appears to be largely decoupled from the long-term fundamental and structural issues confronting our economy. Instead, the recent meteoric rise seems to be due to a combination of short-covering, the fear of missing out, and hope, factors largely supported by and