Headlines and thoughts

Companies have become good at doing more with less. The solution is to greatly improve our educational system.

Fed funds profited overseas banks. The financial sector is an important global power group. That we like it or not. Orwellian.

Kremlin foes face longer jail terms. Excessive concentration of power results in very slow economic growth. This is the lesson of history. That we like it or not.

China raised rates to 5.81%. Very few people understand what is going on in China. Very few people understand the reach of China.

European borrowing costs eclipse US. Europe is in deep trouble. The EU formula is wrong.

Investors should seek the least bad places. Agree. But how?

Swiss Frank at new peak against the Dollar. Small is beautiful. Yet, the "European dream" is following the idea that bigger is better. And failing.

Rally continues for equities and commodities. Do not fight the Fed.

Spike in foreclosures despite talk of recovery. The housing sector has serious problems. They are not going to go away for some time.

China helps defuse Korea crisis. Ridiculous situation.

Obama's moment of decision. We need his leadership.

Time for the Eurozone to come up with some answers. They will never find the right answers because they are against their parochial interests.

Beijing minimum wage to rise by 21%. China will have a tough time to grow richer. It took centuries for Europe and the USA. China may become dangerous like Russia. But it will take many decades to reach the GDP/capita of the industrialized world.

George Dagnino, PhD

Editor, The Peter Dag Portfolio. Since 1977

Ranked second best gold timer 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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