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Only a Huge Bear Market Can Reverse Today’s Epic Optimism (new Club EWI resource from Steve Hochberg and Pete Kendall)
September 7, 2014 10:46 pmVideo
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An Epic Optimism that Can Be Reversed Only by a Huge Bear Market
Recent weeks brought the biggest confrontation with Moscow since the Cold War, a race riot, a new low in the popularity of President Obama and grisly beheadings at the hands of religious terrorists amidst a major re-escalation of the war in Iraq.
If this sounds a lot like 1968, when Russia invaded Czechoslovakia, President Johnson bowed out of the presidential race as his popularity plummeted and the Vietnam war took a decisive turn for the worst, there’s a perfectly logical Wave Principle basis for it; both periods contain…
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