Bulls Need to Consider all Trends End in Equities
The 9-yr cycle for the stock market and the economy is due to peak no later than 2020 and will bottom no later than 2021. A recession has always occurred relative to this type of cycle.
Within the super cycles are major and minor long-term business cycle trends that are caused by the behavior of consumers and businesses that make up more than 70% of the economy. A study of these cycles assists with evaluating the behavior of consumers, businesses per the economy and of investors relative to the overall stock market. The major cycle is called 9-yr and known as the Juglar by some economists. The minor cycle is called the 3-yr and it is also referred to as the Kitchin cycle within economist Schumpeter’s business cycle model.