California

"California spending cuts spark fury", the FT reports.

I beg Washington (and the American people) to learn the lesson. It is easy for the politicians to give what we ask for. But if governments cannot deliver what they promised, the outcome is social unrest.

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