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During the stagflation of the 1970s, investors were unable to maintain purchasing power net of inflation through US stocks alone. The chart below shows that the CPI climbed by about 103% during the 1970s compared to only 16% for the S&P 500

00:01 - 04/06/21

Half of all Americans (165 million people) have now been vaccinated with at least 1 dose. Covid-19 cases are already down 91% from their January peak and are on pace to hit the lowest levels since the start of the pandemic this weekend

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As blank-check firms in need of a deal pile up, advisers are telling potential SPAC targets not to pick up the phone to suitors – yet