Price: $44.26
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Unsure about your position in the current stock market cycle? Pondering if we are in a fresh, long-term bull market or just experiencing a rally within a persistent bear market? The answers to these pivotal questions are instrumental in shaping a fitting investment strategy and planning for the future. The ability to anticipate the end of a secular (or cyclical) bull market, instead of simply reacting to the ensuing crash, can profoundly affect your investment returns and retirement plans.
This book dives into the concept of cycles, a recurring sequence of events over time. While the results may vary with each repetition, the inherent characteristics remain the same. Consider the annual seasonal cycle: spring, summer, autumn, and winter, each following the other in an endless loop. However, the weather can drastically differ year to year. The stock market behaves similarly.
Author Kerry Balenthiran has meticulously analyzed a century’s worth of stock market data and uncovered a consistent 17.6-year stock market cycle, split into increments of 2.2 years. He has projected this cycle forward, providing investors with a roadmap extending to 2053. He provides an in-depth explanation of this phenomenon and describes how the stock market’s character evolves throughout the different phases of the 17.6-year cycle.
Whether you’re an investment professional or a private investor, this book offers an intriguing look into the cyclical nature of the stock market, empowering you to adapt your strategy to align with the current market conditions.
About the Author:
Kerry Balenthiran pursued his passion for mathematics at the University of Warwick, later working as a Spacecraft Operations Engineer in the UK and at the European Space Agency. He became a chartered accountant with Arthur Andersen and now serves as a consultant in the financial services sector. His mathematical background sparked an interest in the cyclical pattern of stock market booms and busts.