Ecclesiastes 3:1 For everything there is a season, and a time for every matter under heaven…
Proverbs 22:3 The prudent see danger and take cover, but the simple keep going and suffer the consequences.
With inflation, market volatility, and economic changes occurring in today’s world, Michael Douville had a chance to sit down and visit with one of the world’s foremost cyclical economist and market forecaster, Dr. Charles Nenner.
Dr. Nenner offers a free trial subscription for a few weeks. Please mention you watched this video. https://www.charlesnenner.com/
May 2022: An Amazing and Candid interview with Charles Nenner. Charles discusses his Dow Jones Weekly chart showing all three of his Cycles that rule the Equity Market. The three cycles are all topping; topping just as they did in 2007. The Cycles are worse than in 2007-2008, the amount of downside in the last 4 months is the worst in 80 years; if this is the beginning, it can be a very bad time. There is a window of opportunity to sell into a bounce that appears to be imminent.
Dr. Nenner recommended to exit the Bond market for the last 2 years. The amount of money lost is tremendous; Q1 2022 was the worst Quarter for Bonds in 157 years. Interest rates are going much higher.
Charles Nenner sees a slight short term topping of Inflation and a near term moderation of Inflation, but sees Inflation for many years very similar as in the 80’s. Inflation will be a big problem moving forward. Natural gas and Crude oil are a big component.
Charles thinks there is nowhere to hide, but Cash is King at the moment. He believes Inflation will continue to be a major problem. European pension funds are in Bonds, many that are below zero. This is very difficult for Pension funds, it is not safe and no return. It will be very difficult for people to retire. It is not good to “Be in it for the long term!”
Dr. Nenner and Michael Douville have a significant discussion on the housing market. Are we in the process of peaking???
The Us Dollar is flirting with the 104 on the DXY, it is possible the US will get very strong and possibly go up to possible the low 120’s.
Looking at the Wheat chart, the prices are heading higher. Food prices are going to get much higher.
Click on the link below for all the economic details with Dr. Nenner’s proprietary charts and analysis.
