Risk In The Market Continues To Rise. How This Can Play Out...

From Greg M

Lions and friends…

I ALWAYS try my best to keep you as far ahead of the curve as I possibly can. With that, the recent rise in market risk is a concern. As I am writing this, the MMRI is sitting at just over 268.

A spike in the MMRI will not bode well for the stock market- so be sure to keep your eyes on the MMRI. IN MY OPINION, the Fed. will not allow this to get too far out of control without stepping in- that is BUY MORE DEBT/ESCALATE WAR, or a combination of both.

I believe that we are about to see war quickly escalate, especially after the comment just made by Biden where he stated directly; “air strikes against the Houthis is not working to stop Red Sea attacks.”

To me this is a clear indication that war is about to increase rapidly.

If this happens, and I believe that it is a lock, cash will seek safety in debt which will drive bond yields lower.

GM