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
Grateful for your guidance through these bumpy times Greg !!! Thank you!
Greg, as usual, THANK you very much. Your hard and wise work is so appreciated. 👍