News. European stocks climbed as government data showed gross domestic product rose a seasonally adjusted 0.3 percent from the first quarter in Germany and France, pulling the euro region’s two largest economies out of their worst contractions since World War II. Shares in Asia climbed after Fed policy makers signaled they aren’t rushing to end unprecedented efforts to promote lending and stabilize the world’s biggest economy. My point. The leading indicators of all the major countries shown in our monthly special report The Global Business Cycle were correct. The global economy is giving signs of turning around. Including the USA.
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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