It’s hard to believe we’re debating a potential bubble right now considering we had a mini-blink-and-you-missed-it bear market in April.
That downturn feels like an out-of-body experience because it happened so quickly.
That first week or so of April saw back-to-back down days of -5% and -6%. A few days later the market was up almost 10% in a single day and we were off to the races.
These V-shaped rallies feel…