Perplexed

The market has a superb momentum. No doubt about it.

It looks like all sectors are participating, especially those benefiting from a steep yield curve.

What is strange, however, is that the bank index has peaked in early August and has declined since then (click on the chart to enlarge it). How can we have a strong market without the participation of this crucial sector?

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 in the Top 10 for 12, 6, and 3 months for market timing by Timer Digest

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