3/8/11

The markets always win

Anger Brews Over Government Workers' Benefits. When Erin McFarlane looks at public workers, she sees lucrative pension benefits she doesn't ever expect to get. And it makes her mad. (Source: CNBC)
 
As long as we were in a period of rapid growth and wealth-building economic environment, we did not notice the gross market distortions because we were doing well.

Now, with the economic growing slowly and high unemployment, these distortions are noticed and Erin is right in getting upset.

Those of you who follow my idea of power groups can sense a shift in which groups are gaining more power. And which ones are losing it.

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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