The reason why I follow the sunspot cycle is because Charles Nenner, founder of the Charles Nenner Research Center (studies cycles), told CNBC in November 2010 that it has a positive correlation with people's moods, economic growth, military conflicts, and the stock market ("exuberance"). He believes the Dow Jones Industrial Average will eventually fall to 5,000 and there will be a war. So, like other deflationists, he believes the Fed won't be able to stop the deflationary forces in the economy. Here is the video and the sunspot chart for February via Hathaway/NASA/MSFC.
Related posts at NMM/DV:
- Saddle Up For A Bumpy Year Of The Horse, Warn Hong Kong Feng Shui Masters (January 29, 2014 via AFP)
- Charles Nenner Predicts Dow 5,000 As Cycles Turn Down, Annual Gain Reverts To Mean (March 13, 2013 on Bloomberg TV)