Market Update.

From Greg M

Lions and friends.

Today’s worse than expected inflation report is hitting stocks. Crypto, gold, silver, and crude are also under pressure.

The 10yr yield is higher, sitting at 3.11% I firmly believe that the 10yr will settle at around 3.25%

The relative strength of the dollar is markedly stronger as well.

As you all know, I very recently closed half of my PDBC position pulling profits, looks like my timing was good- I also know that many of you did the same or even closed your position entirely.

PDBC is under pressure today, along with the rest of the market. I will be buying back in on this dip.

I will also be buying more USO.

If you have not already seen my video from this morning, here it is below.