Markets Fall...

From Greg M

Lions and friends..

We are seeing the EXACT scenario unfold which we anticipated.

With the MMRI now over 250, yesterday the US markets fell followed by world markets.

Today at the open, the US markets are again under pressure as the 10 year yield jumps.

IF no action is taken by the Fed., in this case to push bond yields lower, world markets will take a hit.

If nothing else, it will be interesting to see how it plays out.

GM