Posted 3 years ago on April 25, 2012, 9:01 p.m. EST by Lrellok
This content is user submitted and not an official statement
SO i am getting no response from various econ blogs and such regarding something i noticed while doing some writing. Are there any economists or investors in the house?
In investing there is a graph formation called a "Triple top" Or a " head and Shoulders" shown here http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:triple_top_reversal If you look at the Down jones, S&P and other current indexes, they appear to be in a triple top patter with the formation starting around 1998 - 99. In addition, the Employment to population ratio starting in 1983, here ( http://1.bp.blogspot.com/_nSTO-vZpSgc/TL82yE0nMLI/AAAAAAAAJkc/BodcmYETZ8A/s1600/employment+ratio.png ) also appears to be in such a pattern. What does it imply for economics if clear patterns can be seen on both micro and macro levels, in disparate areas, and they appear to be the same patters?