News. Aug. 18 (Bloomberg) -- Cargill Inc., the largest privately held U.S. company, said fiscal fourth-quarter profit plunged 69 percent because of lower demand for fertilizers.
My answer. None. They are all commodities. Over the long term, commodities rise when demand is strong (the economy is growing rapidly) and are weak when demand is sluggish (the economy is going nowhere).
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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