Current Outlook 1) Stock Market – Capital is rotating out of tech and into value. The rotation will likely continue for a while. 2) Bonds – The yield curve is steepening, strengthening banks’ performance. 3) Housing – Housing supply is rising. Rising mortgage rates are easing, but very slowly. 4) Gold – Gold is correcting extremely overbought conditions. Expect a bounce soon. 5) Oil – Oil is at Great Depression lows when measured … read more Newsletter #558—Reaching for Yield