"The US economy is expected to lead the way", according to Mr. Bill Gates.
The truth is that overseas economy from Italy to China are much stronger than the US economy. They are on their way to very strong growth as we keep busy implementing social programs instead of thinking on how to generate growth.
We are lagging and the leading indicators published by international organizations -- and they have been quite correct in the past several months -- point to continued outperformance of foreign economies.
The Obama administration must have noticed this detail because now they are convening a summit on how to create jobs. Hopefully they mean "economic growth".
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.
No comments:
Post a Comment