The 10yr Yield and MMRI.

From Greg M

Lions, as I have said recently, I do expect that the 10yr Yield will settle over 2% relatively soon- this is the market pricing in rate hikes, which is bullish.

(Click) The MMRI is currently higher at around 119, still low-moderate risk. Remember, risk in the market is a double edged sword, more risk can mean more reward. It also means that we need to pay closer attention to overall market drivers.

I still firmly believe that we need to see a drop in energy prices, which would again be an opportunity to buy.. same with the stock market- we have gone virtually straight up off of the recent low, a drop here would be bullish.

I will keep you on top of all this.

GM