The Next Crash

The economic cycle - "time clock" suggests a poor outlook for equities.

The Cycle?----

1. Slump - the bottom of the cycle.
2. Falling interest rates.
3. Surge in share prices - company profits.
4. Mania - Share prices overheated.
Clients buying strongly, institutions unloading.
5. Share slump.
6. Property price surge.
7. Interest rates increase.
8. Markets crash/slump.

The Great Australian financial outperformance may soon come to an end?

Don't expect a crash as such.
A near term slump is a reasonable expectation.

However this time will be different?????
Perhaps!

Cheers

NT