1.HYG High Yield ETF +13.5% in Last Year…1500 Basis Points Over AGG
Chart Shows High Yield vs. AGG Total Bond Index


Inflation across the world is beating analysts’ forecasts even before the potential effect from Donald Trump’s economic policies. The global Citi Inflation Surprise Index, which measures price surprises relative to market expectations, is at the highest in more than five years. The reading turned positive in December — meaning inflation data were higher than expected — for the first time since 2012.

Thanks to Dave Lutz at Jones for Chart.
Emerging Markets Rally After Dollar Fall
www.yahoofinance.com
There have been 75 sessions (including Monday) without a 1% drop in the S&P, which marks the longest such streak in about 11 years, according to Krinsky. A period of sideways trading tends to suggest that the market has pent up momentum. And if history is any gauge, momentum may be leaning toward a downturn, given the market’s tendencies in February.
http://www.marketwatch.com/story/a-big-stock-market-selloff-in-february-looks-increasingly-likely-2017-01-30


From Doug Short Blog
https://www.investing.com/analysis/margin-debt-and-the-stock-market-200161449