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monday, page-37

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    This isn't the Armstrong article but someone's summation at some time written in may 2007.

    What the pi-cycle model predicts now
    Recent events in the worlds stockmarkets show the stunning accuracy with which Armstrongs pi-cycle model can forecast markets, with investors panicking right on cue on 27 February. But what stage of Armstrongs 8.6-year cycle are markets at now, and what does he forecast for the years ahead?

    According to the Princeton Economic confidence model, markets peaked on 27 February and cant be expected to perform strongly in the year ahead. Armstrong is bullish for 2008, however, seeing a rebound for markets, housing and especially physical assets, such as commodities, that year. He notes that the fact many commodities peaked last spring shows capital flows are currently focused on the stockmarkets worldwide, and that after the panic selling clears, commodities will resume their bull market for the next major leg up, with oil going above $100 a barrel and gold well over $2,000 an ounce. The next major slump is forecast for 18 June 2011. Over the longer term, the next 51.6-year confidence cycle will end in 2032, plunging markets into a 1930s-style depression. He believes that the next 51.6-year cycle will be kick-started by a return to big government economic policies, whereby governments intervene much more extensively in the economy.


    Now ninelives will note that the 2011 date is a low in his analysis.

    The point to note for the US especially is that commodities and equities are usually at cross purposes. Commodities up and equities down and vice versa.
 
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