Table of Contents:
1) The risk/reward equation has definitely improved…but by how much?
2) There are some key reasons to think a further significant rally is possible.
3) The banks got some great news this week…and they’re on the cusp of breaking out.
4) The risks still outweigh the rewards in today’s market, so investors much remain nimble.
5) The charts on the major indices look quite bullish right now, but need more upside follow-through.
6) Maybe people on Wall Street should be thinking differently about what a “mistake” by the Fed would look like.
7) Both the long-term Treasury market & the corporate bond market stand at key technical levels.
8) It would be a mistake to nominate a new Fed Chair this year.
19) Potpourri….Mark Mobius.
10) Summary of our current stance.
