Commodities were very weak today (click on the chart to enlarge). They seem to form a double top. Are they? Why is it important? Because commodities are very sensitive to economic conditions. They may be saying the economy is weakening again. Time will tell.
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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