The FRED Report

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The Fred Report - Weekly November 4, 2019

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The market is trading well, and we are bullish, but officially our forecasting system remains neutral.  We believe that the smaller indexes are poised to pick up into yearend.  The real opportunity may be in KBWY.  We ran our monthly FPO’s on West Texas Crude Oil and the CRB. Both of these are in buy patterns, suggesting an advance should occur, and may be suggesting that the economy could expand in an inflationary way in 2020.

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