Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
/Some investors were surprised by U.S. stock market gains in April and early May, during a period of dismal economic news. Although the U.S. unemployment rate surged to 14.7% in April, a month in which 20.5 million jobs were lost, the S&P 500® index rose 13%. The index continued to gain ground in the first half of May. /