Something to keep in mind

We seem to like China and everything they do. They have the image to be a power house.

Well, these are the data.

Germany current account surplus: $209.3 billion or +5.5% of GDP. China current account surplus: $197.1 billion or 2.8% of GDP.

Other European countries have a current account surplus, which explains the resilience of the Euro.

George Dagnino, PhD Editor,
The Peter Dag Portfolio.
Since 1977
2009 Market Timer of the Year by Timer Digest
Portfolio manager

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.

Shouldn't you too subscribe to The Peter Dag Portfolio?

No comments: