The trend of the dollar (see graph) has an enormous significance. It reflects the view of the international community about us and our future. We might not care. However, a weak dollar spells problems. The dollar declined from 2004 to 2007. And you know what happened after 2007.
Bottom line. Keep an eye on the trend of the greenback. It might spell trouble if it keeps declining.
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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