Predictions
Greg shares the following chart with his viewers. It was first created by an Ohio pig farmer back in the late 1800s. This man was doing well, but he lost everything in an 1873 market panic and a hog cholera epidemic. The experience left him struggling to make sense of how it happened.
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Eventually, the pig farmer settled on the above framework to make sense of the world. As Greg said during his presentation...
In doing so, he stumbled onto a secret of the markets that would go on to make him rich... and also make the handful of people who studied his work in the years afterward multimillionaires... through bull and bear markets.
In short, he discovered the power of cycles... and how these cycles affect prices.
Ten years after the Civil War, this farmer ended up putting together a timeline that predicts the stock market all the way out to 2059... and when there would be periods to make money and times that panics might occur...
Long after he died, this farmer keeps getting it right...
Look back at his diagram. 1965 was the year of a big market peak before it plummeted 73%. Greg calls 1999 a "cash panic" when people paid any price for dot-com stocks. And we know what the years following 2019 have felt like...
This might sound like hocus-pocus or be too mysterious to be real financial advice. But as Greg has shown lately – and throughout his career on Wall Street, where he used to trade for a $65 billion pension fund – it's not.
As you'll hear in Greg's brand-new presentation, he's a believer in market cycles. His study of them is what led him to call a top in the market at the end of 2021 and start of 2022. And it's what's informing his views once again at the beginning of 2023.
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