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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Bonnie Bear who wrote (21902)7/19/1998 11:11:00 PM
From: bobby beara  Respond to of 94695
 
BB, the real boom years were the post WWII boom, with one wage earning families and car in every garage.

Since 1973:
Real wages have plumetted
Savings has plummetted
Overtime hours worked has skyrocketed

the 90's, some boom years, everybody is overworked, overstressed, underpaid and ready to snap your head off.

In the Kondreitieff cycle you have a real boom (would be the post war period) and inflation peak (would be 1980) and major recession (1980-2 highest unemployement since the depression) and a plateau boom (a false boom in which asset bubbles grow) then a deflationery cycle.

This cycle has played out regularly every 60-70 years. 1920 was the inflation peak of the previous cycle and you know the rest.

bb