12/18/09

This is a problem

I do not like the fact that the bank index is going nowhere. Banks should be making a lot of money with short-term interest rates close to 0%.

Their stocks, however, remain in a dreadful downtrend (click on the chart to enlarge it).

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, The Peter Dag Portfolio. Since 1977
Ranked Top Market Timer in 2009 by Timer Digest

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