The Dollar has been very weak. The Euro very strong. Why is the dollar so weak?
A currency measures productivity and overall attractiveness of a country relative to others.
Our productivity tumbled 2% in the Q4 and labor costs adjusted for productivity jumped 4.6%.
Our leaders should listen to the markets to decide what are the policy priorities for the country. It is wonderful to have a great healthcare system. But if we do not produce the wealth to pay for it we will all suffer.
The markets always win.
George Dagnino, PhD Editor,
The Peter Dag Portfolio.
2009 Market Timer of the Year by Timer Digest
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