Tuesday, February 4, 2014

Sunspot Number Expected To Turn Down In February 2014, Cycle May Have Officially Peaked In January - $MACRO $SPX

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.




Source: NASA.gov


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