I hope to be wrong!

I sincerely hope to be wrong.

The decline of the dollar (click on the graph to enlarge it) is simply vicious. It is trying to tell us something --something unpleasant is ahead of us.

The dollar peaked in 2004 anticipating slower growth in corporate profits, a sharp recession, and the financial debacle of 2007-200?. What is it trying to anticipate this time? Be careful. Hedge some of your long positions -- just in case the market corrects sharply.

The real problem is that our leaders are ignoring it because they do not know what to do.

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
Ranked No. 1 market timer by Timer Digest