The FRED Report

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The Fred Report - Weekly December 9, 2019 - Tax Loss Bounce

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U.S. stocks have acted about as we are expecting going into yearend. We expect further advance.  We do want to point out that IJR has made new trading highs above 82, and advisors can start to add more Small Cap ETFs to models.  We have been asked a couple of questions about MLP’S, and one of these is germane for the end of the year. These are oversold and likely to bounce in early 2020 in a “January Effect” type of move.

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