Many investors have looked to the Investment Clock, first published by London's Evening Standard in 1937, to determine the next move in asset pricing. A study of trade cycles over 150 years told the story of the relationship between interest rates, money, share prices and real estate. The current cycle however, has been a little different in that instead of following the path through numbers four to six where money gets tighter at the depth of a recession, central banks of the world united to take us straight through to seven.
Another picture.
