***We will be in Vegas next week - so no news letter until July 19.***

Welcome back! Last week we were on Holiday - and of course it came at a pivotal time. 2 weeks ago, we saw the new Fed Chair in Kevin Warsh take the podium, and the market has subsequently rolled over in a minor fashion. This week, will prove to be a big deal - but the short version is that the June lows look to be on the table. OIl/Rates have rolled over at this point. WTI is < 70. The 10yr looks be rolling over on the daily chart - meaning now is a great time to buy bonds. Indexes are...

The past week in the markets have been quite a roller coaster - but we feel like we have bottomed - and the final parabolic leg is just ahead for us over the next 2-3 months. As we have written about all year - the entire market is just waiting on rates to drop - and rates WILL drop - just a matter of when. The 10yr has been in a trading range for 4 years now - and its been slowly strangling the economy in an attempt to qwell inflation. The bottom line - is that rates need to drop back to ~...