... the bank stocks are going nowhere (click on the chart to enlarge)?
Some analysts believe the market cannot rise without a strong financial sector. They may be right.
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
Forget the stock market for a moment... why can't the economy seem to recover? This has been a protracted recession, depression? and it seems like it is never going to end. When do you think it will start to revive? I know I am spending no money and it seems like no one else is either.
ReplyDeleteWe are facing a different world. We have to think differently. We have to change our mindset. It will be a slow and difficult process which will last several years, possibly decades according to some observers.
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