The business cycle works. The economy remains weak. Employment is tanking and the unemployment rate is soaring.
The markets reacted as you should expect. Stocks down. Corporates bonds very strong. Commodities weak. Dollar strong (flight to safety). Gold weak, reflecting the trend in commodities.
We let our indicators tell us what to do. Stay tuned.
To find out more about my in depth view of the markets and my strategy just visit our website https://www.peterdag.com/. You can review The Peter Dag Portfolio, free of charge of course. You can also call me at 1-800-833-2782 to discuss your specific money management needs.
George Dagnino, PhD
Editor, The Peter Dag Portfolio
Since 1977
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