KABC Radio “Market Wrap” with Moe Ansari and Charles Nenner | Stock Market Forecast for 2017

The following is an excerpt from Dr. Charles Nenner's commentary on the stock market:

• Long-term view - the market is expected to be up into the third quarter of 2017;
• By 2020/21, bringing the Dow down to 5,000 points;
• Based on the cycles, we are approaching another deflationary period;
• This is the longest stock market expansion in a couple of hundred years;
• One of the longest economic cycles;
• Went out of bonds completely;
• The majority of gold rallies have occurred in times of deflation.