As I said in previous posts, stocks like bad economic news. The Fed will have to keep printing money and the market loves money sloshing around. In spite of the consequences.
We will pay later, of course. Meanwhile, let's enjoy and feel good. This is what is needed to be re-elected.
George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
Ranked best market timer in the 12 and 6 months ending 8/20/10 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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