News. New figures have shown that in December, for the first time ever, there have been more cars sold in China than the United States. A total of 735,000 automobiles were sold in China last month, compared to 656,976 vehicles were sold in the US.
Bottom line. Things are happening in Asia. Good things. Do we believe that we are too big to fail ... like Citigroup or GM ? This kind of thinking has destroyed many big enterprises.
Are we ready for the challenge? Do we understand the challenge? Are we thinking about the challenge?
To find out more about my in depth view of the markets and my strategy just visit our website https://www.peterdag.com/ where you can review The Peter Dag Portfolio. You can also call me at 1-800-833-2782 to discuss your specific money management needs. I will be happy to speak to your investment group on how the business cycle impacts investment strategies and the choice of asset classes. George Dagnino, PhD
Editor, since 1977
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