Markets love crises (Portugal, Spain, Italy, Greece, Ireland, the oil spill in the Gulf).
Politicians are busy during crises showing they are really concerned. As they should be. The only thing they can do, however, is to throw a lot of money at the problem hoping it goes away.
And the market loves money sloshing around.
This time is no different. Enjoy!
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 subscribe to 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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