The stock market and the economy are two different things.
I could not disagree more. The economy drives earnings and earnings drive stocks.
A stronger economy is followed by higher interest rates, higher commodities, and higher earnings.
A weaker economy is followed by lower interest rates, lower commodities, and lower earnings.
I am firmly convinced the business cycle drives the price of all asset classes. The charts supporting the above statements are reviewed in each issue of my The Peter dag Portfolio.
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.
Disclaimer.The content on this site is provided as general information only and should not be taken as 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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