The Great Rotation

To continue or to be continued?

After the events of last evening, I will try and keep it brief on the markets and, suffice to say, I hope violence isn’t the norm moving forward in politics.

The soft CPI moved interest rates down to levels not seen since March of 2024 with the 10 year closing at 4.18% on Friday. For a starting point and reference, on March 27th, 2024, the QQQ close w…