The markets are sharply lower early this morning. Mostly down in Asia. Commodities are weak. Yieds are declining. The risk-off trade is still on.
If you followed my videos on www.peterdag.com these trends mean only one thing. Weaker economic conditions.
Now that that Congress and the administration have done nothing in the past few months except creating a lot of anxiety, the financial markets seem to be addressing the problems in Europe and the possible recession in the US.
More on The Peter Dag Portfolio.
George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
2009 Market Timer of the Year 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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