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Re: None

Saturday, 07/08/2017 10:05:16 AM

Saturday, July 08, 2017 10:05:16 AM

Post# of 4668
WHAT'S NEXT...THAT'S AN EASY QUESTION.

We're solidly in fall so where are we headed. First of all I'll tell you were we can't go and that is summer.

Summer would mean a polar flip from fall requiring both lower growth and faster inflation. However one would have to happen before the other moving us either into spring with faster growth + faster inflation. This assumes growth remains positive and inflation accelerates.

Or we could go into winter if grow slows and deflation continues.

Assets of choice: Fall both LQD and VCLT with LQD currently favored shortening up the curve.

Spring: JNK, and TBF/TBX

Winter: IEF/TLT and SJB

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