The week begins with Gold the only weak link, price at present below its Neutral Zone for today; all of the other BEGOS Markets are within same, and volatility is light-to-moderate. The Gold Update points to price having been steady as the Econ Baro has suffered a plunge, and reiterates the 1800s having morphed (we anticipate) from resistance into support; by Market Values in (real-time), Gold is 92 points above its smooth valuation line which suggests some stalling or near-term downside; but on balance, Gold’s present picture is quite durable. For the S&P 500, its “live” P/E is (futs-adj’d) 39.3x and the yield is 1.662% (vs. the 4.538% annualized yield on the 3-month T-Bill). For the Econ Baro today we’ve December’s Leading (i.e. “lagging”) Indicators.