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Twelve Days of Christmas for Investors – Day Six by Gary Dugan

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With many economies at mid to late cycle, it is difficult to see fixed income markets delivering the returns seen in recent years.  Also, monetary tightening will be a headwind to returns. in 2018 don't chase yield without thinking about risk. US Treasuries, 2017 return 2.7%, forecast -1% to 1.5%…

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