back to work....

Where we're at:

Dow: 8146
S&P: 879.13
10 yr: 3.30%
VIX: 29.02
SandP P/E: 16.24

equity: 31.7
bond: 32.2
cash: 36.1

1 yr: -7.94

I head back to work on Monday after the first 2 weeks of the CSNA furlough (only 5 weeks to go). TXT decided to cancel the Columbus program this week and take a charge against 2nd quarter earnings. I'm waiting to see what kind of workforce planning e-mails are waiting for me when I return. It's funny, this week I starting having dreams about work and getting laid off. Through this whole period, since Nov, I've not had any subconscious thoughts about work. I hope it isn't a bad omen.

The consultants should be back and our project goes live next week. Hopefully, we'll be able to show our value to the uppers and keep our jobs in the fall. Interest rates (10yr) took a drop this week of about 20 basis points, not sure why. The bond market has been telegraphing inflation all year. I think because the rally is losing some steam, inflation fears must be backing off. I set up an auto exchange to put back the money I took off the table a month ago.