Current Outlook 1) Stock Market – The headline indexes closed the week at all-time highs, but the broader Russell 2000 remains mired in consolidation. 2) Bonds – Long-term bonds are likely nearing a cycle high. 3) Currency – The dollar is entering the middle portion of a cycle, where sideways consolidation is the norm. 4) Gold – Gold is in the process of printing a daily cycle low, which should be followed by a … read more Newsletter #325—Recency Bias