The rally has been likely to be accomplished this week.
Institutional Advisors' research into the fundamentals of "New Financial Eras" was completed in 1980 and our advice began with monthly publications in early 1982.
In the gloom of rampant inflation, the observation that "No matter how much the Fed prints, stocks will outperform commodities." was controversial.
Our models, based upon the fundamentals of a financial boom and its contraction, cover the yield curve, credit spreads, metal prices, and the stock market. These have anticipated most of the significant trend changes - usually with enough time to determine policy. As the time for each reversal approaches, its probability is confirmed by sophisticated technical analysis. The combination is a conservative "Belt and Suspenders" approach.
Published weekly under "Pivotal Events,' the long term strategies provide a tidy package for the CIO, portfolio managers, and high net worth accounts. On the shorter term, published opportunistically under "The ChartWorks;" stock, bond, and metal trading desks have found our tactics useful.