Current Outlook 1) Stock Market – Stock markets around the world are reaching major resistance zones. Risk is elevated. 2) Bonds – The Fed will continue to tighten monetary policy. 3) Currency – The dollar will fluctuate against the Euro and the Yen, but weaken relative to gold. 4) Gold – Gold is nearing a cycle low. 5) Oil – Oil continues to consolidate. It might remain range bound for a while. Analysis Thanks to … read more Newsletter #422—A Giant Sucking Sound