6/9/10

It is the fault of the markets. Of course!

News. June 9 (Bloomberg) -- France and Germany called on the European Union to speed up curbs on financial speculation, saying some bets against stocks and government bonds should be banned as markets suffer a resurgence of “strong volatility.”

My point. Incredible. First they make a mess of the European economy by printing money and making social engineering their top priority.

Finally, when the problems emerge because they borrowed too much money to pursue their socialist dreams, they say it is the markets and the speculators which are at fault. How can they expect us to believe this nonsense?

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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2 comments:

Stock said...

The greatest mystery is not that we have been flung at random between the profusion of matter and of the stars, but that within this prison we can draw from ourselves images powerful enough to deny our nothingness.
- Andre Malraux

www.peterdag.com said...

What keeps us young is the search for new challenges. The time we give up we become nothing. We stop living.