The S&P has jumped by almost 30% since mid-March, its steepest rally since the 1930s, fuelling hopes of a sustainable bull run.
But corporate insiders who should have a better handle on the prospects for their company than analysts or economists don't seem to share this optimism. In the first three weeks of April, executives and senior officers at US firms sold $353m of equities, or 8.3 times more than they bought, according to research firm Washington Services.
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