We’re looking at the end of what we call a supercycle top. The global economy has been going through an incredible period of change from west to east. The dominoes are falling, and it sets the stage for what’s coming next. The Japanese stock market topped out 30 years ago. The Eurozone stock market topped at 20 years ago. China peaked 14 years ago. So over the past decade or so it’s really been America that’s been the last man standing. That’s about to change now as the US stock market is close to completing this uptrend and turning into a bear.
Your host, Dennis Tubbergen, will discuss all this and more with our guest Murray Gunn, on this week’s Retirement Lifestyle Advocates radio show.
Murray Gunn is Head of Global Research at Elliott Wave International. He worked as a fund manager in global bonds, currencies, and stocks, including long posts at Standard Life Investments and the Abu Dhabi Investment Authority. He then joined HSBC Bank as Head of Technical Analysis. Murray is the author of Trading Regime Analysis (Wiley, 2009) and a contributor to Socionomic Studies of Society and Culture (Socionomics Institute Press, 2017). In April 2018, Murray took over the helm of The European Short Term Update. You can also read his commentary in Global Market Perspective, Interest Rates Pro Services, and Currency Pro Services, and on deflation.com.
To learn more about Murray Gunn’s work as Head of Global Research at Elliott Wave International, please visit elliottwave.com. You can also get free access to the classic book “Elliott Wave Principle – Key to Market Behavior” at https://www.elliottwave.com/wave/retirementlifestyleadvocates To learn more about Retirement Lifestyle Advocates, please visit our website at www.RetirementLifestyleAdvocates.com.