This is a brief excerpt and chart from today's Early Look written by U.S. Macro analyst Christian Drake.

Bill Gross, Portfolio Manager of the Janus Global Unconstrained Bond Fund, shares his outlook on the global financial markets.

Rohit Srivastava of Sharekhan says investors should be cautious about the current rally as it is a stock specific market and not a broad based one. Investors should ignore event-related moves in stocks, he added.