As the 10-yr treasury yield reaches 2.6% and Fed minutes point to a far more aggressive stance by many central bank governors, $TNX presents a critical inflection point on a multi-decade basis. Going back to 1981, the steady downward sloping trendline has presented resistance over and over again. From a slong-term perspective, the rapid rise in interest rates off the 2020 pandemic lows appears to be simply a reversion to the mean. We will know soon whether the Go trend will break through to new highs – alerting investors of all stripes to the permanence of our new inflationary regime. In today’s show, Alex and Tyler will discuss the view viewpoint of US Equities as well as the recent trade opportunities presented by this bifurcated market. Advances last week in Consumer discretionary, cannabis and retailers may have been short lived, whereas REITs present an interesting inflation hedge as well as attractive dividend yields.