Current Outlook 1) Stock Market – Stock indexes surged on news that the Strait of Hormuz is officially open for shipping. New all-time highs suggest further upside. 2) Bonds – TLT printed a fresh sell signal, but remains choppy. The chart is short-term neutral. 3) Housing – Housing supply is rising. Mortgage rates may ease if TLT begins to rally. 4) Gold – Gold is finishing a correction, after which we anticipate another rally leg. … read more Newsletter #567—Creative Destruction