Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: John Madarasz who wrote (3971)	6/3/2001 6:09:12 AM
From: Moominoid	Respond to of 33421

Surprised that that discussion of K-wave doesn't mention the rate of innovation which is meant to peak at the beginning of an upwave. Looking at innovation, investment and growth we have a trough in the 1930s and another from 1974-1983. Then would start the new Kondratieff cycle which we are currently in. There isn't an easy story for prices associated with this - but just looking at prices and interest rates leads to some odd conclusions in that article, like a trough in 1949. David

To: John Madarasz who wrote (3971)	6/4/2001 2:27:23 PM
From: John Pitera	Read Replies (1) \| Respond to of 33421

John .....great post.... a good article there on the K-Wave..... it's very possible that 1949 was the K wave low. economists and most Market Professionals were very bearish after WW II and were looking for another very severe downturn or even depression......... as it turned out the 1950's were a fantastic decade of prosperity, rising stock market prices, and innovation. A very good point that David Stern has made about the rise of innovation and technology breakthroughs after 1949. John