The S&P 500 has rebounded 20% since its July 2010 low, which comes as bad news to perma-bears like Nouriel Roubini, Gary Shilling and Bill Gross, all of whom predicted the opposite. This raises several questions about how stocks move, and why pundits say the things they do.
Some of the best reads for investors from around the Web, including posts about the value of the Titanic ruins, a book review of Michael Lewis's "The Big Short" and the good news about housing.
May's unexpected rise in the U.S. trade deficit to $42.3 billion isn't likely to resolve the tug of war between the economic optimists and pessimists. Imports and exports both grew, but imports grew marginally faster.
