6/5/09

He is everywhere

President Barack Obama pledged to “seek a new beginning” for the U.S. and the Muslim world, calling on people in both societies to find common ground and end a “cycle of suspicion and discord.”

In a speech at Cairo University today, Obama touched on tension points from the wars in Iraq and Afghanistan to religious freedom to women’s rights, democracy and the threat of a nuclear-armed Iran. Some of his most direct language was used to address the Israeli-Palestinian conflict.

The point. Very few Presidents had the energy to travel so much and speak to the world about what should or should not be done. An English magazine, however, suggested that we cannot lead the world by giving nice speeches. What they do not realize is that being the new kid on the block he has to get acquainted with the world power structure.

The markets, meanwhile, seem to like his tenure as they produce steady gains.

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

No comments: