A Classic Macro Top
If the 17.6 year Long Economic Cycle and the 72 year Super Cycle are on target, the month ending now, October 2017 will be a not to forget time.
Our two previous posts on October 6, and October 10, 2017 talked a bit about the factors leading up to this event.
And our post back on March 30, 2015 outlined some of the parameters that were leading up to this time.
And last Friday you saw the master blow-off kick in on the NASDAQ tech stocks. How fitting for this time.
For a bit of perspective I am attaching comments from another time, by another old man, Art Cashin only has me beat by two years.