The FRED Report

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The Fred Report - Mid Week Update February 29, 2012

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Stocks continue to advance and the SPY has now had two successive closes above the 136.43 high close of 2011.  This is a seasonally strong week for stocks and the rest of the week could see further upside acceleration.  Two closes below 116 on TLT would suggest a solid drop in the T-bonds, and rise in rates.


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