Where are we?
Not sure in the larger picture.
But this graphic is in line what my own work thinks.
Blood pressure rising with higher yields hitting PMs, CRE, banks, small caps.
One last rally ahead, probably.
THEN WHAT? Don’t know.
Could be Martians invade Jersey.
But seriously, some are calling for a FINAL TOP (going back a century).
Others (like me) think its a penultimate top. But a deep correction is near.