When China announced its colossal $600-billion stimulus package back in November, we cautioned investors against irrational exuberance on the overall impact it would have on commodities, stocks and heavy equipment.

U.S. markets tumbled Friday as a global sell-off spread from Asia and Europe, as fears of a worldwide recession intensified.

It’s hard to believe that summer’s heat (and hurricane season) is almost here. As the calendar turns to another month it’s often quite interesting to take a look back at the past month to see which trends may be in for a switch. One phrase comes to mind that perfectly sums up April’s market action: A reversal of fortune!