Nenner: Dow drop to 5000 starting this year

Charles Nenner Research Center Executive Director Charles Nenner discusses the markets and his cycle work which suggests that the Dow is likely to drop to 5,000 starting this year. Here is a direct link.

The point is not that stocks are vulnerable because the economy is going to get so much worse from here as the host says, but rather that the economy already is very weak and stocks have disconnected and levitated on liquidity far above economic reality.

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