from Kerry Lutz's Financial Survival Network
Eric Hadik returns… Stock markets have been trading on hope and optimism. 40 years ago was a similar tumultuous period. The Iranian Revolution and the Russian invasion of Aghanhistan. It’s the 40 year cycle taking place. The 40 year cycle has repeated itself very closely. We had the March meltdown, the spike recovery, and then new lows. Very similar to 1980. Anohther intermediate peak in coming this month and continuing to swing, which will lead to another leg up peaking in May 2021. But there are down swings coming.
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