Peter
Eliades
of
Stockmarket
Cycles,
returns
with
a
warning
for
US
equities
investors.
Despite
the
recent
advance,
his
technical
cycles
work
predicts
a
possible
market
peak.
If
the
advance
/
decline
line
fails
to
confirm
a
retest
of
the
zenith,
a
decade
long
stock
bear
could
emerge
from
the
8
year
slumber.
A
key
component
of
his
analysis
includes
his
three
decade
cycle
that
seems
to
confirm
his
equities
market
top
thesis.
Peter
Eliades
notes
in
a
recent
interview
that
gold
represents
real
wealth.
According
to
economist
Dr.
Laurence
Kotlikoff,
the
nation
is
facing
runaway
prices
that
could
send
the
PMs
skyward.
With
over
$200
trillion
in
total
debt,
more
than
twice
as
severe
as
bankrupt
Detroit
-
policymakers
may
find
salvaging
the
system
challenging.
His
new
FREE
book:
You're
Hired!
illustrates
how
the
working
/
middle
class
are
trapped
in
an
impossible
welfare
system.
He
outlines
his
plan
to
revamp
the
system
with
proper
incentives.
He
encourages
listener
to
forward
the
plan
to
their
congressional
leaders.
Six
months
before
the
Treasury
market
collapse,
he
advised
our
listeners
to
avoid
debt.
Given
the
threat
of
higher
rates,
municipal
debt
is
at
risk.
Job
automation
is
gaining
momentum
via
automated
pharmacies,
toll
booths,
restaurants,
retailers,
etc.;
expect
greater
income
distribution
inconsistencies.
The
discussion
includes
recent
news
that
an
IBM
Watson
computer
replaced
34
mid-level
insurance
analyst
positions,
facilitating
windfall
profits.
Although
shareholders
will
benefit,
workers
should
take
note
as
even
formerly
secure
white-collar
jobs
are
now
at
risk.
Our
guest
outlines
pragmatic
policies
to
reform
the
banking,
healthcare
and
fiscal
systems.
Right
click
above
&
"Save
Target
As..."
to
download.
To
learn
more
about
software
needed
to
play
the
above
formats,
please
visit
the
FAQ.
Guest
Biographies
Peter
Eliades
Stockmarket
Cycles
Peter
G.
Eliades,
Editor
and
Publisher,
Stockmarket
Cycles
Born
5-26-39
in
Lowell,
Massachusetts
Lowell
High
School
1956
Harvard
College,
A.B.
1960
Boston
University
Law
School
J.D.
1963
(passed
Massachusetts
Bar
Exam)
Married
three
children
Upon
graduation
from
Boston
University
Law
school,
Peter
Eliades
moved
to
New
York
City
where
he
entertained
as
a
singer
and
pianist
in
Manhattan
cabarets
and
off-Broadway
musical
comedy.
In
1967,
he
moved
to
Los
Angeles
and
continued
his
musical
career.
In
1968,
with
a
lot
of
time
and
curiosity
and
a
little
money,
Mr.
Eliades
initiated
his
stock
market
studies.
In
1972,
he
began
his
financial
career
as
a
stockbroker
and
appeared
as
a
stock
market
analyst
on
Los
Angeles
television
station
KWHY,
the
nations
first
financial
TV
station.
Several
times
in
the
fall
of
1974,
he
predicted
on
KWHY
that
a
major
market
bottom
would
occur
during
the
week
of
December
9-13,
1974.
The
exact
Dow
low
of
570.01
occurred
on
December
9,
1974.
Publication
of
Stockmarket
Cycles
began
in
July
of
1975.
In
1985,
the
first
year
he
was
rated
by
the
independent
rating
services,
Mr.
Eliades
earned
the
Timer
Digests
"Timer
of
the
Year"
award
and
placed
second
in
1986
in
a
close
race
which
wasnt
decided
until
the
final
trading
day
of
the
year.
In
1989,
Mark
Hulbert
(Hulbert
Financial
Digest)
named
Mr.
Eliades
as
the
"Most
Consistent
Mutual
fund
Switcher"
based
on
Eliades
timing
signals
for
the
years
1985,
1986,
1987,
and
1988.
From
January
1985
when
Hulbert
first
started
rating
Stockmarket
Cycles,
through
August
1990,
Stockmarket
Cycles
had
the
#1
market
timing
record
in
the
country
with
a
timing
gain
of
174.3%
versus
a
comparable
gain
in
the
Wilshire
5000
Total
Return
Index
of
119%.
Mr.
Eliades
has
been
a
regular
panelist
on
ABCs
weekly
Sunday
show,
Business
World,
and
has
made
guest
appearances
on
FNN,
CNBC,
Wall
Street
Week,
and
Nightly
Business
Report.
He
has
been
featured
in
some
of
the
nations
most
prestigious
publications
including
Barrons,
The
Wall
Street
Journal,
Forbes
and
Futures
Magazine
among
others.
Mr.
Eliades
theory
of
price
movement
in
the
stock
market
relates
to
repeating
cycles
rhythms.
Fundamental
news
has
no
effect
on
market
timing
and
affects
only
long-term
trends.
In
over
16
years
of
uninterrupted
market
letters,
he
has
rarely
mentioned
a
fundamental
news
story
in
relation
to
the
market.
Mr.
Eliades
analysis
is
100%
cyclically
and
technically
oriented.
Stockmarket
Cycles
provides
market
timing
for
the
more
important
intermediate
to
long
term
trends
for
mutual
fund
switching.
Short-term
timing
is
also
provided
for
stock
index
futures
and
index
options
via
the
daily
telephone
updates.
Laurence
J.
Kotlikoff
is
a
William
Fairfield
Warren
Professor
at
Boston
University,
a
Professor
of
Economics
at
Boston
University,
a
Fellow
of
the
American
Academy
of
Arts
and
Sciences,
a
Fellow
of
the
Econometric
Society,
a
Research
Associate
of
the
National
Bureau
of
Economic
Research,
and
President
of
Economic
Security
Planning,
Inc.,
a
company
specializing
in
financial
planning
software.
An
active
columnist,
Professor
Kotlikoff's
columns
and
blogs
appear
in
the
Financial
Times,
Bloomberg,
Forbes,
Vox,
the
Economist,
Yahoo.com,
and
the
Huffington
Post.
Professor
Kotlikoff
received
his
B.A.
in
Economics
from
the
University
of
Pennsylvania
in
1973
and
his
Ph.D.
in
Economics
from
Harvard
University
in
1977.
From
1977
through
1983
he
served
on
the
faculties
of
economics
of
the
University
of
California,
Los
Angeles
and
Yale
University.
In
1981-82
Professor
Kotlikoff
was
a
Senior
Economist
with
the
President's
Council
of
Economic
Advisers.
Professor
Kotlikoff
is
author
or
co-author
of
16
books
and
hundreds
of
professional
journal
articles.
His
most
recent
books
are
The
Clash
of
Generations
(co-authored
with
Scott
Burns,
MIT
Press),
The
Economic
Consequences
of
the
Vickers
Commission
(Civitas),
Jimmy
Stewart
Is
Dead
(John
Wiley
&
Sons),
Spend
Til
the
End,
(co-authored
with
Scott
Burns,
Simon
&
Schuster),
The
Healthcare
Fix
(MIT
Press),
and
The
Coming
Generational
Storm
(co-authored
with
Scott
Burns,
MIT
Press)
and
Generational
Policy
(MIT
Press).
Professor
Kotlikoff's
writings
and
research
address
financial
reform,
personal
finance,
taxes,
Social
Security,
healthcare,
deficits,
generational
accounting,
pensions,
saving,
and
insurance.
Professor
Kotlikoff
has
served
as
a
consultant
to
the
International
Monetary
Fund,
the
World
Bank,
the
Harvard
Institute
for
International
Development,
the
Organization
for
Economic
Cooperation
and
Development,
the
Swedish
Ministry
of
Finance,
the
Norwegian
Ministry
of
Finance,
the
Bank
of
Italy,
the
Bank
of
Japan,
the
Bank
of
England,
the
Government
of
Russia,
the
Government
of
Ukraine,
the
Government
of
Bolivia,
the
Government
of
Bulgaria,
the
Treasury
of
New
Zealand,
the
Office
of
Management
and
Budget,
the
U.S.
Department
of
Education,
the
U.S.
Department
of
Labor,
the
Joint
Committee
on
Taxation,
The
Commonwealth
of
Massachusetts,
The
American
Council
of
Life
Insurance,
Merrill
Lynch,
Fidelity
Investments,
AT&T,
AON
Corp.,
and
other
major
U.S.
corporations.
He
has
provided
expert
testimony
on
numerous
occasions
to
committees
of
Congress
including
the
Senate
Finance
Committee,
the
House
Ways
and
Means
Committee,
and
the
Joint
Economic
Committee.