The FRED Report

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The Fred Report - Weekly May 20, 2013

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We do not see any reason to change our forecast that equities will do less well in the second half of 2013.  Bonds are showing some bottoming signs, but they may not be ready to rally just yet – it could be a week or so away.  Accumulation models on DBC continue to look attractive, and we would use near term weakness to add to or start a position in DBC.

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