• Seasonal issues could/should mean that the stock market will see a surprising drop soon, BUT those seasonal issues should also create a great buying opportunity 6-7 months before the election.
  • If the yield on the 10-year Treasury note moves much above 4.17%, it should give us confirmation that an important change has taken place in the trend for long-term interest rates.  (It could also be the catalyst of a near-term decline in stocks.)


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