KABC Radio “Market Wrap” with Moe Ansari and Charles Nenner | Stock Market Forecast for 2017

The following is an excerpt from Dr. Charles Nenner's commentary on the stock market:

  • Long-term view - the market is expected to be up into the third quarter of 2017;
  • By 2020/21, bringing the Dow down to 5,000 points;
  • Based on the cycles, we are approaching another deflationary period;
  • This is the longest stock market expansion in a couple of hundred years;
  • One of the longest economic cycles;
  • Went out of bonds completely;
  • The majority of gold rallies have occurred in times of deflation.

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