Really? Making a lot of money. Geithner talks. Markets soar. Dollar and gold down. Oil up. Bank stocks go through the roof.
Question: is it normal? I would say scary.
On 3/12 we sent a Market Update to our clients telling them the market would go up. Enjoy the momentum, make money, but do not become greedy. It is an outrageously risky environment.
Why are low grade bond yields rising in spite of all the euphoria?
I will be happy to speak to your investment group on how the business cycle impacts investment strategies and the choice of asset classes. 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
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