It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
The 10-year cycle is unique among the Kress cycles in that it’s one of the few cycles whose peak is not a separate cycle. When other cycles in the Kress series peak, the half-cycle component forms a distinctive cycle by itself. For example, when the 4-year cycle peaks the 2-year cycle bottoms simultaneously; and when the 12-year cycle peaks the 6-year cycle bottoms. Since there is no 5-year cycle in Kress cycle theory, the 10-year cycle peak is a true peak.
Cycles are one of the most fascinating yet misunderstood aspects of the financial market. With the right cycles a trader can increase his earning potential in the stock market. Aside from providing correct entry and entry points into the market, cycles also allow insight into the underlying state of the economy.
Another facet of the 60-year cycle is interest rates. Interest rates have remained at or near multi-decade lows since 2009 with the deflationary cycle in its “hard down” phase. This has also made it much easier to facilitate financial engineering. One of the primary motives behind the Fed’s Quantitative Easing (QE) policies that began in November 2008 was to keep interest rates artificially low in order to decrease the cost of debt servicing and to help resuscitate the housing market. The Fed has begun tapering the scale of its asset purchases to the tune of $10 billion/month with plans to completely end QE by the end of this year. The Fed then plans to unwind its $4 trillion balance sheet and allow interest rates to steadily increase.
In answer to the first question, the odds are low that the coming final descent of the 60-year cycle into October will be extremely troublesome for the financial market. The long-term Kress cycle theory promises at least one major crash – the type that occurs maybe once every 60-80 years – during the “hard down” phase of the 60-year cycle.
By April 2009, the situation had worsened such that both GM and Chrysler were faced with imminent bankruptcy and liquidation. With the intent to prevent massive job losses and destabilizing damage to the entire manufacturing sector, the U.S. and Canadian governments provided unprecedented financial bailout ($85 billion) support to allow the companies to restructure and jettison legacy debt via Chapter 11 bankruptcy. Both companies separately filed for this protection by June 1.
GM thinks layoffs will boost its bottom line. The reality is more complicated.
Fed Chairman Jerome Powell quelled market unrest last week when he couched his description of where the central bank's benchmark interest rate is relative to "neutral."
originally posted by: toysforadults
a reply to: musicismagic
WAY to many people on social welfare programs. Then what's left of the entire working class makes $20 an hour less and the average welfare benefits pay 21+ an hour.
So 86 million people make less than what the equivalent living off the government would provide. So out of 150 million people actually working more than half of them are essentially living the same as people on welfare