tag:blogger.com,1999:blog-1527840491496268397.post2305840779511292316..comments2024-03-08T11:20:30.095-07:00Comments on Credit Bubble Stocks: Chart of New Highs Minus New LowsUnknownnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1527840491496268397.post-39133487930974832642014-12-17T19:21:43.510-07:002014-12-17T19:21:43.510-07:00Excellent.
I really think you are on to something...Excellent.<br /><br />I really think you are on to something with failed parabolic trends. <br /><br />It's making better predictions than macro hedge funds.CPhttps://www.blogger.com/profile/12701174164478027499noreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-51522648297801927212014-12-17T04:03:40.869-07:002014-12-17T04:03:40.869-07:00I see your very ugly chart and raise you one.
A P...I see your very ugly chart and raise you one.<br /><br /><a href="http://illusionofprosperity.blogspot.com/2014/12/a-parabolic-headwind-for-our-long-term.html" rel="nofollow">A Parabolic Headwind for Our Long-Term Service Economy</a><br /><br /><i>The following chart shows the 10-year moving average of personal consumption expenditures for services divided by disposable personal income.</i><br /><br />A nearly perfect parabola (r-squared = 0.99951) was lurking in that data, and we're pretty much at the peak of it.<br /><br />This does not bode well for the long-term future of our service economy growth (relative to past growth).<br /><br />And in any event, as seen in the chart, it is certainly nothing like the 1980s and 1990s. That era is so over, temporary cyclical business cycles notwithstanding.Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.com