Jan. 13, 2017 Featured GuestsProfessor Laurence Kotlikoff & Peter Eliades Show HighlightsPeter Eliades of Stockmarket Cycles, returns with a warning for US equities investors. Despite the recent advance, his technical cycles work predicts a possible market peak. If the advance / decline line fails to confirm a retest of the zenith, a decade long stock bear could emerge from the 8 year slumber.A key component of his analysis includes his three decade cycle that seems to confirm his equities market top thesis. Peter Eliades notes in a recent interview that gold represents real wealth. According to economist Dr. Laurence Kotlikoff, the nation is facing runaway prices that could send the PMs skyward. With over $200 trillion in total debt, more than twice as severe as bankrupt Detroit - policymakers may find salvaging the system challenging. His new FREE book: You're Hired! illustrates how the working / middle class are trapped in an impossible welfare system.He outlines his plan to revamp the system with proper incentives. He encourages listener to forward the plan to their congressional leaders. Six months before the Treasury market collapse, he advised our listeners to avoid debt. Given the threat of higher rates, municipal debt is at risk. Job automation is gaining momentum via automated pharmacies, toll booths, restaurants, retailers, etc.; expect greater income distribution inconsistencies. The discussion includes recent news that an IBM Watson computer replaced 34 mid-level insurance analyst positions, facilitating windfall profits.Although shareholders will benefit, workers should take note as even formerly secure white-collar jobs are now at risk. Our guest outlines pragmatic policies to reform the banking, healthcare and fiscal systems. Show HostChris Waltzek Ph.D. About ChrisContact Host:
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