In the past 7 months, strength in the dollar coincided with market weakness.
The problem facing the markets is that the dollar is still very strong, suggesting risk is high and rising. Give thanks to our European friends.
You have to be a European (I lived there until I was 27yo) to understand the incompetence of their leaders blinded by the total commitment to control their economies. The Europeans are paying the price for having big governments!
The castle they built is crumbling. It is unfortunate that we are also paying for their greedy mistakes.
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 investment portfolio.
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