Stock Indices Video Outlook 2023
by WaveTrack International| December 28, 2022 | No Comments
Stock Indices Video Outlook 2023
2022’s CORRECTION RESUMES IN 2023!!
Highlights
2022’s CORRECTION RESUMES IN 2023!!
This exact time last year (December 2021), Elliott Wave analysis identified the end of 1st waves within post-pandemic five wave uptrends, the final bull market of the greater secular-bull uptrend that originated back to the financial-crisis lows. A deep 2nd wave correction was forecast for 2022, predicting decline of between minus -30% to -40% per cent.
At the same time, 70% per cent of mainstream investment brokers and analysts were telling their clients the benchmark indices would rise in 2022 between 5% to 15% per cent. So how did we do? It turns out that the benchmark S&P 500 declined from its Jan.’22 high into October’s low by minus -28% per cent and the Nasdaq 100 from its Nov.’21 high by minus -38% per cent! Lucky guess? – absolutely not, but down to the application of what R.N. Elliott described by applying the principle of ‘Nature’s Law’ – action/reaction as a Universal Principle. So what can we expect in the coming year, for 2023?
Double-Digit Inflation
Rising inflationary pressures continued to dominated financial markets during 2022 with U.S. headline acceleration peaking into a mid-year high of 9.1% whilst elsewhere, in Europe, peaking at 10.6% in October.
Geopolitical tensions are triggering high energy costs. While supply-side disruptions are also distorting consumer prices. The end result is that almost half of countries worldwide are seeing double-digit inflation rates or higher – see fig #1 (courtesy of elements.visualcapitalist.com).
With new macroeconomic forces shaping the global economy, the infographic shows countries with the highest inflation rates (using data from Trading Economics). As the table below shows, countless countries are navigating record-high levels of inflation. Some are even facing triple-digit inflation rates. Globally, Zimbabwe, Lebanon, and Venezuela have the highest rates in the world.
As price pressures mount, 33 central banks tracked by the Bank of International Settlements (out of a total of 38) have raised interest rates this year. These coordinated rate hikes are the largest in two decades, representing an end to an era of rock-bottom interest rates. Where do we go from here? Find out more in our latest Elliott Wave Stock Indices Video Outlook 2023!
New Stock Indices Video Outlook 2023 – PART I/III
This STOCK INDICES Video Outlook 2023 is like nothing you’ve seen anywhere else in the world. It’s unique to WaveTrack International, how we foresee trends developing through the lens of Elliott Wave Principle (EWP) and how its forecasts correlate with Cycles, Sentiment extremes and Economic data trends.
We invite you to take this next step in our financial journey with us – video subscription details are below – just follow the links and we’ll see you soon!
Most sincerely,
Peter Goodburn
Founder and Chief Elliott Wave Analyst
WaveTrack International
Contents Stock Indices Video Outlook 2023
Charts: 95 | Video: 2 hours 11 mins.
CONTACT US NOW VIA EMAIL – SELECT YOUR PACKAGE
Single Video – *$49.00 – PART I Stock Index Video Outlook 2023 (Decmeber ’22) or send us an email to services@wavetrack.com
Triple Package offer – *$99.00 (saving 33%)! – PART I – PART II – PART III (January – February ’23)
*(additional VAT may be added depending on your country – currently US, Canada, Asia have no added VAT but most European countries do)
PARTS II & III will be available in a few weeks’ time – we’re working on it!
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– Please state if you wish to purchase the SINGLE VIDEO – Stock Index Video Outlook 2023 for USD *49.00 and send us an email to services@wavetrack.com?
– Or opt for the TRIPLE PACKAGE for USD *99.00 in total?
– Next we will send you a PayPal payment request and provide you with the video link & PDF report once payment is confirmed. Please know the reply can take up to 6 hours. But rest assured we will give our best to provide you with the information as soon as possible!
*(additional VAT may be added depending on your country of residence. Currently, the US, Canada, Asia have no added VAT but most European countries do)
We’re sure you’ll reap the benefits – don’t forget to contact us with any Elliott Wave questions – Peter is always keen to hear your views, queries, and comments.
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