News. June 21 (Bloomberg) -- Asia shares, U.S. stock index futures and commodities surged after China signaled it will unshackle the yuan’s fixed rate to the dollar, boosting investor confidence. Yuan forwards strengthened to a seven-week high.
My view. It is a big party. A financial orgy driven by governments scrambling to correct previous mistakes. Strictly for their own interest.
No one really knows what is going on. Is it good? Is it bad? Just printing a lot of money. Try to catch some.
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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1 comment:
Thanks for sharing this information on your party. Last week, I attended a pool party arranged by my best friend at best event space Chicago. He did wonderful arrangements for this party and had amazing party with all my friends.
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