Technician Louise Yamada: Stay Defensive for Now; New Bear Market in Bonds Coming

Jim welcomes back to Financial Sense Newshour technician Louise Yamada to discuss the markets. Louise advises to stay defensive and still likes utilities. She also believes we are close to a new bear market in bonds. Ryan Puplava checks in with his update on the markets and Jim and John delve into the concept of "Financial Repression" and what it will mean for your portfolio and your retirement.

Ryan joined PFS Group in 1995. He holds a B.S. in Business Administration/Finance from San Diego State University. His professional designations include FINRA Series 4, Series 7, and Series 66 Uniform Combined State Law Exam. He earned the Chartered Market Technician's designation in 2007. Mr. Puplava is Senior Trading Manager and manages PFS Group's Growth investment objective. He also contributes a monthly Market Observation to Financial Sense and co-authors In the Know—a weekly communication for Jim Puplava's clients only—with other members of the trading staff. Ryan enjoys sailing, kite surfing, and playing his guitar.

Louise is Managing Director of Louise Yamada Technical Research Advisors (LYA) founded in October 2005. Louise has been a perennial leader in the Institutional Investor poll, and was the top-ranked market technician in 2001, 2002, 2003 and 2004 prior to her departure from Citigroup.