Eric Parnell wrote an article that there are three recessions in one secular bear market. It seems coincident to my theory on the time frame of the coming secular bull market I predict.
Does it happen due to coincidence or any theory behind it?
My theory on secular market is the war and lack of war. The following years are off by several as I do not remember the exact years.
Secular Bear Market.
1. 1960-1980. Vietnam War.
2. 2000-present. The two middle east wars.
The secular bull market in 1980-2000 is due to lack of war.
I hope our current wars will be ended completely in 3 years so I look at the starting of the next secular bull market at that time.
Most recent presidents (with exception of Bush) are not stupid enough to start another war if they understand the bad effects of the wars like employment.
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Exception.
WW2 actually benefited US as most of its competitors were destroyed by the war and the war stayed out of its own country. US also welcomed the foreign skill workers/scientists mainly from Europe. The influx of the best of the world is just unbelievable.
US did not have to pay royalties to many inventions such as the atomic bomb.
This is the only major exception but with a good reason.
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