What is happening in Iran?
Countries with few power groups in control of the political system underperform countries with many power groups.
Look at what happened to the USSR. More recently Russia, Iran and Islam in general. They are mired by slow economic growth and poverty. They do not care about how fast the pie grows. What they care about is that the pie is big enough for them to eat it.
This is the classic historical formula for self-destruction. The markets always win.
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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