Difficult to be optimistic

Manufacturing is in trouble because of heavy inventory imbalances. (See previous posts).

Weak manufacturing implies weak commodities and lower yields (if history is any guide). Profits cannot improve in this environment.

The Fed wants to raise interest rates in this disappointing environment. Good luck!

Investment implications are discussed in depth in each 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
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.

My ideas and strategies are discussed in detail in my new book "EASY WAYS TO BEAT THE MARKET WITH ETFs" .

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