Some years ago when I was a Trader I started to look at various charts and the patterns that formed in Economic situations.
One caught my eye, which was the global Economic chart.
It basically showed, that downturns lasted for 15 years and upturns lasted for about 7 years.
If this is true and I can see no reason why it isn't, based on the current downturn, we can expect the current downturn to stop about 2016.
This of course depends on when the market thinks the downturn began, so I will leave my readers to look into this!
I would expect things to pick up a little in 2014, which is what I said some months ago, with the claim that we are on an upturn in 2016.
One caught my eye, which was the global Economic chart.
It basically showed, that downturns lasted for 15 years and upturns lasted for about 7 years.
If this is true and I can see no reason why it isn't, based on the current downturn, we can expect the current downturn to stop about 2016.
This of course depends on when the market thinks the downturn began, so I will leave my readers to look into this!
I would expect things to pick up a little in 2014, which is what I said some months ago, with the claim that we are on an upturn in 2016.
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