Could the Total Eclipse Sign a Major Financial Markets Turning Point?
Stock-Markets / Financial Markets 2017 Aug 26, 2017 - 02:15 PM GMT
Were you one of the lucky ones able to witness the total eclipse yesterday, as it moved on its west to east path across the middle of the U.S.? Whether you did or not, there’s probably something about this event that you HAVEN’T heard…
My friend Andrew Pancholi, cycle whiz from London and creator of the Market Timing Report, recently told me that yesterday’s path of totality across the U.S. looked eerily similar to the one that occurred at the beginning of the Civil War… and that this could signal America as the starting point to broader civil wars and political restructurings around the globe.
The last similar July 8, 1918 total solar eclipse occurred just as the 1918 Influenza Pandemic was spreading and World War I was starting to wind down after America’s entry.
It’s estimated that 500 million people worldwide were infected with that flu and 20 million died from it. More than 25% of the U.S. population became sick and 675,000 Americans died. That pandemic claimed the lives of more people than did the first World War.
But that’s not all. There was the “eclipse of the century,” on March 7, 1970, which was right near the beginning of the first major stock market crash after the Bob Hope Generation Spending Wave peaked in late 1968. It signaled over a decade of deepening recessions and stock crashes.
To add to this eclipse cycle…
I have a 250-year Revolutionary Cycle that is rolling over us right now. We saw the American Revolution and Protestant Reformation the last time this cycle was in play.
And Andy has an 84-year Populist Movement Cycle that brought us Hitler in 1933, the 1848-1849 European Civil Wars, and the American Revolution. He also has a 28-year Financial Crisis Cycle.
All of which are converging now into late 2017!
So, we should not only see a massive debt and bubble deleveraging ahead, like we did in the 1930s, but also the greatest political and social revolution since the advent of democracy itself.
That’s why I’ve written Zero Hour, out this November.
So, I’ll say it again. This eclipse could mark the start of a very big turning point.
Look at the Evidence at Hand
There is a huge controversy over President Trump’s statements in recent months, especially around the Charlottesville violence and extreme divisiveness between the far right and the far left.
This divisiveness and polarization between left and right has been building steadily since 2004, as I showed in the November 2016 Leading Edge newsletter. But this issue is clearly coming to a head now.
Now, eclipses that cut right across the middle of the U.S. are rare, and have much greater impacts. But all solar eclipses have an impact somewhere.
The next major solar eclipse forecast for the U.S. is a rare double one. The first one hits the western half of the U.S. on October 14, 2023, and the second hits the eastern half on April 8, 2024.
My demographic cycles suggest we should come out of the worst financial depression since the early 1930s around that time!
After that, there’s a total solar eclipse on the cards for August 12, 2045. That’s the same year my Spending Wave for peak Millennial spending – on a 48-year lag – suggests the long slowdown between its two up waves (2023-36 and 2046-56) would bottom.
And to refer back to the American Revolution, there was a total eclipse over America on July 24, 1778. The Battle of Monmouth occurred two days after that eclipse and was a major turning point for Washington in the war.
I’ve even read that the crucifixion of Christ occurred on a total solar eclipse in 33 AD – to the day.
So, let’s sit back and watch what happens over the coming days and months. All the cycles are warning me that things are about to get very interesting.
Yesterday’s eclipse is just another brick in the path leading up to a major crash… one that’s not far ahead. Andy and I both see a likely top by mid- to late October and more volatility between now and then.
Harry
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Harry studied economics in college in the ’70s, but found it vague and inconclusive. He became so disillusioned by the state of the profession that he turned his back on it. Instead, he threw himself into the burgeoning New Science of Finance, which married economic research and market research and encompassed identifying and studying demographic trends, business cycles, consumers’ purchasing power and many, many other trends that empowered him to forecast economic and market changes.
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