Most economic data, however, suggest the economic is stronger than generally expected.
The trend of commodities since early in the year certainly reflect a weakening economy. The business cycle is still in Phase 4.
More details in my The Peter Dag Portfolio , in Dag's Exclusive market Alert, and my free educational videos on http://www.peterdag.com/.
George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
2009 Market Timer of the Year by Timer Digest
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