Main street is bullish: Investors are pouring money into equities…
…and household ownership of stocks is at a 70 year high
Inflation watch: PPI, CPI & PCED up 7.4%, 4.3% and 5.3% respectively
Inflation watch: Collapsed supply of automobiles driving auto prices higher
Risk: Traditional 60/40 portfolio allocation suffers as rising stock-bond correlations threaten ability to diversify
