Current Outlook 1) Stock Market – The stock market is experiencing a sector rotation out of high tech and into industrial stocks. The rotation may continue, but the correction in the Nasdaq is probably over. 2) Bonds – Long-term bonds continue to decline. Rising yields are posing a challenge for the Fed. 3) Currency – The dollar is late in its cycle and is hovering above major support. A decline to test support remains … read more Newsletter #312—Stimulating Inflation