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James Bianco, president of Bianco Research, on Dec. 19, 2016, at his office in Chicago. Bianco, a bond market expert, thinks both stocks and bonds will be volatile in 2017. (Terrence Antonio James/Chicago Tribune/TNS)

James Bianco, president of Bianco Research, on Dec. 19, 2016, at his office in Chicago. Bianco, a bond market expert, thinks both stocks and bonds will be volatile in 2017. (Terrence Antonio James/Chicago Tribune/TNS)