You argue that deteriorating earnings momentum suggests a rotation from equities into bonds in the coming monts. When is the right time to move in the bonds? Ah, that's very difficult. But first we have to see a pleacin assimflation. And i want to see the federal reserve at least have the margin to ton down this kind of offish retort y th've yeate seen. Until then, i think it's still a little bit dangerous to move aggressively into into Bonds yet.

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