3/2/09

The market and Washington

The relentless decline of the market is the final verdict on the changes concocted in Washington. Investors are scared by the the way the US will look like if the programs planned by this administration are going to be implemented.

The markets always win. Their verdict is always the right one. Wealth cannot be redistributed if it is going to be destroyed by unacceptable policies. The first step is to rebuild the wealth that has been wiped out. Otherwise discontent and more wealth destruction are going to be the outcome. This is the verdict of the market.

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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