Curt Renz Capital Resources

Stock Market

Market Outlook
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The popular stock market averages closed mixed on Friday, as monthly options expired. Nevertheless, the Dow Jones Industrial average achieved an all-time closing high. The interest rate for 10-yr treasury notes closed higher. The prices closed up for gold and crude oil.

The "fear gauge" (VIX) fell to its lowest level in 4.5 years. That may imply overconfidence. This as investors are hoping the economy is growing slow enough to encourage FOMC rate cuts, while still avoiding a recession.

Adapt or perish, now as ever, is nature’s inexorable imperative. - H.G. Wells
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