More weak data

Another bearish chart (source: The Pragmatic Capitalist). Click on the chart to enlarge it.

The Empire State is in bad shape. At recession levels. This development and weak trucking activity suggests the economy is vulnerable.

Is it time to print money again? Is this trend bad news for profits? What are implications for our investment strategy?

More details in my The Peter Dag Portfolio and my free educational videos on www.peterdag.com.

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.

Disclaimer.The content on this site is provided as general information only and should not be taken as investment advice nor is it a recommendation to buy or sell any financial instrument. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.

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