Current Outlook 1) Stock Market – Capital is rotating out of tech and into value. The indexes are probably close to a multi week high. 2) Bonds – The yield curve is steepening, strengthening banks’ performance. 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 … read more Newsletter #550—Copper and the AI Boom