Fear Recedes April 9, 2009 Dear Investor: The economy continues to worsen: GDP is contracting. Unemployment is at 8.5%. Housing still swoons despite the lowest mortgage rates in recorded history. The horrible realities of a brutal recession-layoffs, shuttered storefronts, bankruptcies and liquidations-get worse by the day. Why then would the stock market have risen to 8,000–up from its low of 6,547–over the past few weeks? One...