Sunday, October 13, 2024

The October Global Equity Crash Surprise: The Lammert 4-Phase Initial Base Crash Fractal Series: 2/5/5/3weeks :: X/2.5X/2.5X/1.5X

Like other October presidential election surprises, the crash will not have much effect on American voters. The plurality of Americans will vote for their individual autonomy, continuation of American institutions, prudent leadership in maintaining nuclear arms stability, and continued economic support of social programs and labor markets by central banks and central governments. The 1/2 quadrillion dollar equivalent Global Asset-Debt Macroeconomic system is deterministic, self correcting; the self determination of the system in times of excess debt, excess asset creation, and asset overvaluation is simply an order or several orders of magnitude greater than the capabilities of political and central banks' interventions to contain a major self correction of asset overvaluation. The March 2020 post Covid global central bank QE and thereafter QT program to respectively boost and thereafter constrain economic growth have resulted a yotal global equity index proxy, ACWI, 8/24/24/3 of 13-15 month 4-phase self-ordered fractal series. The CCP Chinese markets, a component of the ACWI have fared much worse, under the influence of a historical deflationary housing bubble collapse. The March 2020 to approximately September- October 2024 ACWI Lammert 4 phase fractal is shown below. 
The daily and weekly fractals from 5 August to 25 October which represent the initial 3 month base decay fractal in the above image are shown below.

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