{"id":53574,"date":"2020-06-10T10:34:04","date_gmt":"2020-06-10T15:34:04","guid":{"rendered":"https:\/\/olduvai.ca\/?p=53574"},"modified":"2020-06-10T10:34:06","modified_gmt":"2020-06-10T15:34:06","slug":"lower-highs-lower-lows-eventual-dow-5000-charles-nenner","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=53574","title":{"rendered":"Lower Highs, Lower Lows, Eventual Dow 5,000 \u2013 Charles Nenner"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><a href=\"https:\/\/usawatchdog.com\/lower-highs-lower-lows-eventual-dow-5000\/\">Lower Highs, Lower Lows, Eventual Dow 5,000 \u2013 Charles Nenner<\/a><\/h3>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"alignleft\"><a href=\"https:\/\/usawatchdog.com\/wp-content\/uploads\/2020\/06\/Charles-Nenner-6.10.2020-pic.png\"><img decoding=\"async\" src=\"https:\/\/usawatchdog.com\/wp-content\/uploads\/2020\/06\/Charles-Nenner-6.10.2020-pic-300x287.png\" alt=\"\" class=\"wp-image-23512\"\/><\/a><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Renowned geopolitical and financial cycle expert Charles Nenner called the top of this market just 2% from the top in late January.&nbsp; Nenner predicted the stock market could go down as much as 40%.&nbsp; It went down about 38%. &nbsp;&nbsp;After much money printing and to save the economy, the stock market came roaring back. &nbsp;Is everything fixed and will the markets continue to rise?&nbsp; Nenner says, \u201cThe cycle is up into the third week of June.&nbsp; So, now things start to be risky.&nbsp; We are looking for short-term sell levels, and we are going to lighten up. . . . What happened is not so crazy.&nbsp; I have shown my subscribers what happened in 1929, what happened in 1973 and 1974, what happened in the 2000 crash and what happened in the 2008 crash. . . . There were huge bounces after the crash of 1929, the crash of 1973 and 1974, etc.&nbsp;. . . It\u2019s very normal this latest bounce that happened, if you look at all the other market crashes. . . . Based on economics, the S&amp;P is the most expensive it has been in the last 100 years. . . . If you do an overlay of what happened in 1929 and what is happening now, you will see it\u2019s not so strange of what is going on now.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Nenner contends, \u201cYou can\u2019t keep lowering interest rates without consequences.&nbsp; In Europe, it\u2019s required to have pension funds 70% in bonds, and we have negative interest rates.&nbsp; So, how are these people going to get their pensions?\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Nenner sees a pattern of \u201clower highs and lower lows\u201d in the stock market and explains, \u201cIt\u2019s like a ball.&nbsp; You throw it up, it hits the ground, and it goes up again to a lower high, and it goes down again, and that\u2019s how things work in nature. . . . Until now, it looked very strange.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">How can the DOW go to 5,000?\u201d&nbsp; Nenner is still predicting a \u201cDOW 5,000\u201d in a few years.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u2026click on the above link to read the rest of the article\u2026<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lower Highs, Lower Lows, Eventual Dow 5,000 \u2013 Charles Nenner Renowned geopolitical and financial cycle expert Charles Nenner called the top of this market just 2% from the top in late January.&nbsp; Nenner predicted the stock market could go down as much as 40%.&nbsp; It went down about 38%. &nbsp;&nbsp;After much money printing and to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[20946,303,1849,8757,9699],"class_list":["post-53574","post","type-post","status-publish","format-standard","hentry","category-economics","tag-charles-nenner","tag-fed","tag-financial-markets","tag-greg-hunter","tag-usa-watchdog"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/53574","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=53574"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/53574\/revisions"}],"predecessor-version":[{"id":53575,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/53574\/revisions\/53575"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=53574"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=53574"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=53574"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}