Some things regarding demand weakness were revealed in the latter part of last week that have affected short and intermediate term.
But long-term all Markets still ordained for previous targets.
The last full blown Kondratieff Long-Wave contraction occurred in the 30's. The next Kondratieff Long-Wave finally commenced in 2007-08, after being delayed by several foolish and ultimately unsuccessful interdictions of the US Monetary and Fiscal authorities. Its reemergence is now ordained with the FED's insanely structured ZIRP! Therefore, the Kondratieff's full impact is due to reassert itself in the next 18 to 36 months. If you want to know more: go to, www.polestarcomm.com
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