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There’s a SM blowoff top coming…

Posted by Maya @ 13:53 on December 1, 2016  

George Ure at www.urbansurvival.com has been studying and writing about long-wave economic cycles for about 20 years, and he has some excellent analytics to go with the theories.  He’s anticipating the next, greater depression to begin in 2017 but first….

He says money has started to come out of the bond market as they are sinking and yields are rising.  This money will flow into stocks, looking for higher yields, and inflate the SM into a blow-off top.  This could go well into next year, before the crash.  He posits that Trump will be the rhyming analog to the Hoover presidency…. starts out fine, and then gets left holding the bag when the market crashes and takes the economy down with it.  Sounds reasonable and plausible to me, but then WTFDIK.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.