11/26/2018 – A positive day with the Dow Jones up 354 points (+1.46%) and the Nasdaq up 142 points (+2.06%)
As we have been saying for some time, the stock market finds itself at an incredibly important juncture. Things are about to move. If you would like to find out what happens next, based on our timing and mathematical work, in both price and time, please Click Here
Apparently most investors have skipped their history lesson. With most stock market indices hovering around their break even point for the year, some claim 2018 to be the worst year EVER!!!
Why 2018 has been the worst year ever
As that illustration shows, 90% of the 70 asset classes tracked by Deutsche Bank and cited in the Wall Street Journal are on track to post negative returns for the year. The previous high was in 1920, when 84% of 37 asset classes were negative.
For some perspective, only 1% of asset classes delivered negative returns during last year’s ferocious bull market.
What a difference a year makes.
Welcome to the “Everything Bubble”.
The above proves that our assessment of the situation was/is dead on. The FED has basically inflated a massive everything bubble in all asset classes though excessive infusions of capital under zero interest rates and QE dogmas.
Now, the situation is quickly reversing.
In other words, it’s time to pay the piper. Luckily, you don’t have to guess as to what happens next.
If you would like to find out what the stock market will do next, in both price and time, based on our timing and mathematical work, please Click Here