Sunday, July 18, 2010

Last Stocks Bull Standing 2011

Kress predicts that 2011 will culminate the dominance of the U.S. financial and economic system and begin a depression, the magnitude of which will be matched only by the one of 1930-1933. As such, the time between now and late 2011 will represent perhaps the last opportunity for investors to build (or rebuild) balance sheets and portfolios before the final crashing phase of Kress’s namesake 120-year cycle.

In the latest Special Edition, Kress predicts the coming 120-year cycle bottom could bring with it America’s third “great” depression, a World War III equivalent and a third (social?) revolution. The emphasis is laid on the number three, for as Kress points out, when it comes to the cycles – as well as life in generally – events typically come in threes.

Next in the order of Kress Cycles is the 60-year cycle, which is a constituent of the 120-year cycle. As Kress observes, “It equates to the average duration of the underlying economic super cycle. Since it is variable in duration, it is more appropriately referred to as the K Wave.” He goes on to point out that it comprises the gamut of economic activity from boom to bust as indicated by the stages of credit utilization – re-inflation, inflation, hyper inflation, disinflation, deflation, depression, and then the cycle begins anew. The second 60-year cycle in 1954 began the post-WWII economic expansion, peaking in 1984 and beginning the transition of the United States from a manufacturing to a service based economy. The current 60-year cycle also bottoms in 2014 along with the 120-year cycle.
http://clifdroke.com/books/Stock_Market.html

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