Charles Schwab managing director of trading Randy Frederick tells TheStreet's Joe Deaux that the S&P 500 could still witness a pullback in the first half of 2014, saying the fall in January and February wasn't a large as he expected. Frederick, though, says despite recent developments in Russia and Ukraine his forecast for the year remains unchanged. When discussing what asset class investors may benefit looking closer at, Frederick says bonds may be key with the new changes in Fed policy.

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