Current Outlook 1) Stock Market – The market is attempting to discount the next administration, which is causing excessive volatility. 2) Bonds – The Fed cut rates another quarter point, and signaled fewer cuts in 2025. Long-term yields have risen, “steepening” the yield curve. 3) Housing – Housing supply remains tight. It should increase if long-term rates decline. 4) Gold – Gold is in limbo right now, waiting for the fundamentals to align with a … read more Newsletter #499—Reducing the Reduction