There is only
one way to say it – it is crazy. What is
happening is incredible. Up 300 points
on the Dow. Down
300 points the next day. Investors are nervous,
uncomfortable about where we are heading. EU banks down
uncomfortable about where we are heading. EU banks down
5%. Sinking energy and financial
stocks. There is a
big problem out there. Add to all this a Fed which is
tightening
with manufacturing in recession and taking the
rest of the economy with it. There
is only one way to put it
– be careful.
The Fed wants to push rates higher with long yields sinking
and the yield curve flattening, pointing to even slower
growth. Rising financial risk adds to the grim uncertainties
facing the markets. This environment will continue to
depress EPS.
You will encourage me to update this blog on the economy
and financial markets by entering a subscription to The
Peter Dag Portfolio.
Thank you for visiting this site.
George Dagnino, PhD
Editor,
The Peter Dag Portfolio
Since 1977
Author, Profiting in Bull and Bear Markets
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.
Subscribe now and learn "EASY WAYS TO BEAT THE MARKET WITH ETFs". Several portfolios back-tested from 2000 are shown in the subscribers' area on our website (www.peterdag.com) when you subscribe. Total returns, annualized returns, maximum losses during the period, and number of transactions are shown for each portfolio. The rules are easy to follow and you will find them in the appendix of each issue of The Peter Dag Portfolio. These portfolios are provided as a service to our subscribers.
You will encourage me to update this blog on the economy
and financial markets by entering a subscription to The
Peter Dag Portfolio.
Thank you for visiting this site.
George Dagnino, PhD
Editor,
The Peter Dag Portfolio
Since 1977
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.
Subscribe now and learn "EASY WAYS TO BEAT THE MARKET WITH ETFs". Several portfolios back-tested from 2000 are shown in the subscribers' area on our website (www.peterdag.com) when you subscribe. Total returns, annualized returns, maximum losses during the period, and number of transactions are shown for each portfolio. The rules are easy to follow and you will find them in the appendix of each issue of The Peter Dag Portfolio. These portfolios are provided as a service to our subscribers.
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