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Time to short bonds and scoop up commodities?

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BofA-Merrill Lynch's Paul Ciana says these two charts show a oil breakout for solid returns over next 6-12 months:  

 

 

Screen Shot 2018-07-30 at 10.50.39 AM.png

Screen Shot 2018-07-30 at 10.50.53 AM.png

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