Yields

We have completed a comprehensive review of the possibility of a recession occurring in the USA in the near future. While there is no expectation currently, if Covid-19 escalates globally, the situation could change very quickly. [more]

Scott Grannis, the Calafia Beach Pundit, says that although the stock market is high historically, there is still considerable skepticism and caution present. Thus, if the coronavirus and certain political disquiet were to fade, he says that there still seems to be substantial room for a further advance in equity prices. [more]