Stock are Gaining About Half of Yesterday’s Losses

Volatility continues with US stocks up about 1% as of this writing after losing over 2% yesterday. We are back above March’s lows and about where we finished the month of March.

No real changes to our asset allocation. since mid-March.

It feels like the bull market in US stocks is finally ending, although it may be months before we know one way or the other.

We’ll just stick to our knitting. Portfolios are doing well, thanks to the allocation to Gold and TIPS.

Have a great week.