Three years ago I heard the Fed governor in charge of monitoring the developments of sub-prime lending. I still remember vividly how she assured the reporter that everything was under control and we should not worry.
Next page: Greece. They are telling us we should not worry. Greece? Forget it. It is just about the size of Alabama.
Greece and Portugal and Spain and Italy and the UK, and California and...
They tell us we should not worry. The market, meanwhile, is tanking. Oops!
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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