1/31/10

News. Wall Street recorded its worst monthly losses for a year as investors shrugged off a surprise jump in the rate of US economic growth.

My point. The stock market is a leading indicator. It looks forward, not back. A protracted correction in the market signals the economy is likely to slow down.

Did you notice the weakness of the commodities? They may confirm the implications of the market.

Stay tuned.

George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
Ranked Top Market Timer in 2009 and 2010 by Timer Digest

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.

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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