investmentwatchblog.com / by·
For years there has been a lot of financial noise. While many of us are novices at understanding stocks and economics, one thing is for certain, things are not right. In fact, our economy has not been right since the government’s rescue attempts on the “too big to fail” corporations and the housing bubble that peaked in 2006.
But how much longer can they prop up our financial system? Economic advisors such as Mark Armstrong, developer of the Economic Confidence Model theorizes that boom-bust cycles occur once every 3,141 days, or 8.6 years (the number pi multiplied by 1000)
There are strong parallels to this current market and that of the stock market crash of 1929. Stocks are overvalued and have shattered record highs in recent years and only seem to continue climbing. But, as history dictates, what goes up will come crashing down.
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