The above graph shows continued weakness in industrial production (shaded areas indicate recessions).
Reasons for the weakness in production? Please check the previous posts. I have been explaining - with facts - why the economy had to slow down due to weakness in industrial production.
What happens next to equities, commodities and yields has repeated itself over and over again. The business cycle is alive and well!
Investment implications will be discussed in depth in the next issue of The Peter Dag Portfolio.
You will encourage my timely update of 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
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