Current Outlook 1) Stock Market – Geopolitical events will probably overwhelm technical indicators. 2) Bonds – Long-dated bonds have broken beneath support and are short-term oversold. 3) Currency – The dollar will fluctuate against the Euro and the Yen, but weaken relative to gold. 4) Gold – Gold may be ready for a medium-term rally. 5) Oil – Oil is likely still in an uptrend. A short-term correction may be complete. Analysis Like all Americans, … read more Newsletter #438—War Drums and the Musings of an Old Man