In this weekend report I look at the economy, economic cycles, the stock market and the housing market around the world.
I go over economic cycles of the past and how they relate to recessions, recoveries and expansions. I note that June 2019 will mark the tenth anniversary of the current economic expansion and that in the post WWII era the longest of all expansions lasted ten years. The average expansion has lasted 7.6 years so my conclusion is that we are very near so kind of economic and financial market event.
As housing and the stock markets are nowadays big drivers of the economy I go over housing statistics from around the world and I conclude by looking at the major stock market indexes from around the world as well.
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