The Fred Report - Weekly January 19, 2010
We remain intermediate-term positive on stocks, believing that this is a short-term correction and no more. For fixed income, We continue to advocate laddering of maturities, and shortening of duration. While Oil could certainly fall farther, I would be extremely surprised if 69, on the March contract, is significantly breeched to the downside, but a move to 72 certainly is possible.
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