| From: | "Joseph Barbuto" |
| Received: | 09/06/2008 09:45 AM |
| Subject: | Global Markets, Commodities, and the Economic Downturn |
In late 2007 commodities began yet another
leg up that evolved into a parabolic advance into 2008. We are now on the right
hand side of that parabolic commodity advance. This is also true in regard to
the Chinese stock market as well
What does this all mean? Well, it appears to be
indicative of the deflationary forces of K-Wave winter. In David Knox Barkers
book The K- Wave, is a brief list of the events that have historically
marked the Winter season
I thought that the past week would be one of some
further upside moves, but the systemic negative news coming from the credit
contraction is spreading around the world. The domino affect that is
gathering speed.
I am expect the bond market to hit new highs in
the coming quarter, as my own inflation/deflation model is accelerating to the
downside
Joseph
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