The FRED Report

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The Fred Report - Monthly May 2017

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Commodities have built a long-term base, and these could be strong in the second half of 2017. GLD has been weaker than expected, but the long-term trend systems are still barely positive. Industrial metals (DBB) have made a solid looking bottom.  There has been favorable oil news, and oil seasonal weakness into May but this bottom may be upon us, and advisors should start to add these.



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