The market is strong, but..
JNK is also strong ...no surprise here
Commodities are weak ...surprise because DBC is highly correlated with the market and should have been stronger.
Treasury bond prices are up ...surprise because when the market is strong bonds are weak.
Corporate bonds are also up (prices) ... why? Because the economy is weak?
The point is that the markets are not consistent. Is this good news or bad news?
George Dagnino, PhD Editor,
The Peter Dag Portfolio.
Since 1977
2009 Market Timer of the Year by Timer Digest
Portfolio manager
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