The Fed and those in power will make sure the market continues to rise until the country believes the problems faced in the past 3 years are over.
When we finally feel comfortable with what is happening here and in the global economy, then the markets may find some strong headwinds.
In other words, what is driving this market is not the outlook for the economy or other esoteric measures.
The market is driven by obscene amounts of liquidity.
To find out more about my in depth views 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
Disclaimer. No material here constitutes "investment advice" nor is it a recommendation to buy or sell any financial instrument. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.
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