The slide in commodity prices...
China’s slowing economy and stock bubble…
Falling oil prices and the collapse of the fracking industry…
Gold’s lost glory...
The list goes on.
Right now we’re in the most volatile time since 2011, maybe 2008. Less than a month ago, U.S. stocks broke through a resistance level that, to me, is a sign this bubble is finally on the brink of erupting. The stakes are high, and this will no doubt be a huge talking point at our conference these next few days.
While I consider myself a “cycles” guy, we’re widely known for our demographic research. At the heart of demographics are the spending decisions people make. And the “Spending Wave,” as I call it, is still my No. 1 cycle for predicting the future of the economy.
That’s how I’ve known we were heading into a deflationary period, when everyone was expecting inflation.
It’s one of many reasons I know we’re in for a downturn ahead..."
at http://www.marketoracle.co.uk/Article52288.html
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