There's a strong historical precedent for Asian markets to climb when the U.S. falls. Consider the 1966-1982 bear market in the U.S., which saw the DJIA drop 14%. During that same period, Japan's Nikkei 225 gained 389% and India's stock market gained 233% while several smaller markets made even larger gains. This chart tells the tale
How can this be? The APFF reminds us that "The only factors you need to consider when forecasting the direction of an index are its own long-term and short-term wave patterns." In other words, while the U.S. is currently riding a long-term bearish wave, several Asian markets are beginning powerful bullish waves.
Remember that stock market indexes reflect the valuation of a society's productive enterprise, its social mood. The U.S. and other nations are mired in deep bear markets while others soar because "individual indexes follow their own wave paths because each society generates its own mood internally."
The bearish social mood and "global financial crisis" may slow down the U.S. and other world markets, yet there's always a phoenix rising somewhere; and in fact, the April Asian-Pacific Financial Forecast outlines the case for four new bull markets in Asia. These markets have "completed only three waves down from their respective highs, which makes them strong candidates to rally back to at least near their all-time highs – if not beyond."
Consider the evidence for yourself in the just-published, April 3 Asian-Pacific Financial Forecast. You'll also receive the March 23 APFF Interim report that describes the urgent investment opportunities in Indian stocks
No comments:
Post a Comment