From Chief Investment Officer Tom Veale,
“Some stresses in the market place still remain while some were relieved last week.
From Franklin/Templeton newsletter:

Our Market Risk Indicator remained unchanged while the components showed three dropping in risk while one rose slightly.

Best regards,
Tom Veale
Our MRI remains at 34 with the MRI Oscillator at “0.” As was shown in the Packers/49ers game last night – “It ain’t over ‘til it’s over!””