Current Outlook 1) Stock Market – Stocks are consolidating near their highs. A Santa Claus Rally is possible. 2) Bonds – The Fed will cut again this week. 3) Housing – Housing supply is rising. Rising mortgage rates are beginning to ease. 4) Gold – Gold is probably near a cycle high, but may consolidate rather than decline into a cycle low. 5) Oil – Oil is at Great Depression lows when measured for … read more Newsletter #549—Liquidity Concerns