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The 8.6 year PI Economic Confidence model

The 8.6 year PI Economic Confidence model Martin Armstrong discovered the 8.6 year PI Economic Confidence Model that correctly predicted many Economic Confidence crisis like the 1929 and 1937 stock market declines, but also the 1985, 1994 and 2002 major Commodities lows and various major Equities lows and highs as well. The Fed will do what it can to stop a Global Depression like the 1930's and that includes trying to reflate the economy through asset purchases. This reflation can be seen in the recent move from 120 to 140 in the 30 year Bond which added Trillions to the balance sheets of Bond holders and gave them room to breathe from the crisis. According to the previous Debt Deflation cycle, Bonds should stay high for an extended period of time as the Fed buys Treasuries to keep Rates low.


The 8.6 year PI Economic Confidence model

Ref : http://www.safehaven.com/article-12235.htm

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Categories : Finance    Themes : Forecast
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