Aug 03, 2011 Ed Easterling
The end is near! Stock market history and earnings cycle history are converging. As a result, the market is likely to be down for the year 2011 or 2012. If not, then it will have been different this time.
Crestmont's research focuses primarily on long-term secular stock market cycles and their fundamental drivers. Inside of the secular periods are short-term cyclical cycles, primarily driven by psychology, collective emotion, and reactions to current events.
More...http://advisorperspectives.com/dshort/guest/Easterling-Converging-on-the-Horizon.php
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