Investing- Top strategist turns bearish on stocks

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Top strategist turns bearish on stocks

Tuesday, January 05, 2010
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From The Pragmatic Capitalist:

Jeff Saut, Chief Investment Strategist at Raymond James, proved quite prescient in 2009 as he remained bullish for much of the 2009 rally and into year-end.

In his latest missive, however, Saut is changing his tune a bit. He now sees the equity markets as being a bit frothy and suggests that new year market action warrants some caution...

Read full article...

More on stocks:

Warren Buffett's stocks with big upside in 2010

Hedge fund guru Sprott: Stocks will drop below March lows

Richard Russell: The only thing you need to know about gold and the stock market

Topics:		Investing \| Stocks

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