7/15/10

The verdict of the markets

The most impressive trend of the past few days?

The collapse of the dollar (click on the chart to enlarge it).

This is the verdict of the markets. This is what the international investment community thinks about the growth prospects of this country. This is what foreign investors think about making money in this country.

Could it be that they are concerned about the policies of the administration? Time will tell. But make no mistake. As for Greece and General Motors, the markets always win.

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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