Tour de Force
I couldn’t start a blog about cycles without mentioning Chris Froome. Crowned supreme champion of the national sport of France this weekend for a fourth consecutive time. It’s a great U.K. Team achievement. Over the same weekend our ladies cricket team became world champions and in golf, Royal Birkdale was the spectacular stage for one of the four major global trophies. Well done us! It just a shame the Claret Jug was taken home by a Texan. Anyway down to business.
Market Cycles
A typical boom to bust cycle for the markets lasts on average seven years. This current cycle picked up from its bottom in April 2009, shortly after the financial crisis and the global crash that followed. So look at the maths, 2017 – 2009 = 8 years. Are we due a crash now so the next cycle can run once again? Continue reading “Cycles”