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. Mortgage rates are easing. 4) Gold – Gold is mid correction, which could be aborted due to conflict between Iran and Israel. 5) Oil – The current rally is probably not over yet. The … read more Newsletter #560—The State of the Union