11/12/10

A crazy world?

Bubbles. Financial crises. Banks too big to fail are now even bigger. Deep recessions. Markets going nowhere for 10 years. Leaders lacking experience in leadership. Countries revolting to planned austerity programs. Same leaders at the helm during the crisis are trying to convince us they can solve our problems. A Fed chairman writing he is trying to push stocks and bonds higher for our good. Pension funds underfunded. Governments owning shares in car companies and financial institutions and nationalizing the mortgage industry.

Am I getting old or we have never seen a string of issues of this magnitude before? Risk management seems to be essential in this type of environment.

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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