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Fed following yields results.(Short Interests)
Investment News, March, 2007
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Byline: Aaron Siegel NEW YORK- A portfolio manager will take investment tips from the Federal Reserve. Doug Roberts, the founder and chief investment strategist at Channel Capital Research Institute LLC in Shrewsbury, N.J., and a former portfolio manager at Alliance Capital Management LP in New York, created the "Follow the Fed'' investment strategy.
Decisions are based on the monetary decisions of the Fed, with investors paying a monthly service fee to participate. Small-cap stocks are purchased when the Fed eases credit, and large-caps are purchased when ...
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