The Life Cycle Hypothesis: Groundbreaking new research into the regular rhythms and recurring patterns that underpin financial markets, the economy and human life
The Life Cycle Hypothesis provides evidence of an ordered process behind the apparent randomness of financial asset price movements, economic fluctuations, and social trends. It shows how genuine information will have a dramatic effect on any system into which it is inserted, and will generate reactions that are essentially pre-programmed. These reactions involve the processes of advance and decline, and therefore embrace a set of specific lower-order fluctuations. Financial and economic analysts have long been familiar with the resulting phenomena, but have had difficulty providing a satisfactory explanation. The Life Cycle Hypothesis builds on the findings of Tony Plummer's previous book, The Law of Vibration, and shows that nature itself contains the answer. There is a universal blueprint that manages growth, that organises evolution, and that contends with decline. In effect, the shock of fresh information creates a new organism whose energy travels along a natural pathway between birth and death. It is this pathway that generates such widely diverse phenomena as personal mid-life crises, the swarming of innovations, recurring patterns in financial markets, and rhythmic oscillations in national economies. It is this pathway that produced the Great Depression of the 1930s, the inflation trauma of the 1970s, and the global financial crisis of 2007-08. The same pathway now suggests that there may be a major global crisis in the early years of the next decade. The Life Cycle Hypothesis has the potential to change the way that we understand the world. It will therefore have a natural appeal for investors, economists, and social scientists. It will also be of great interest to those who sense a connection between the diverse social and political upheavals that are currently impacting us, and who want to understand the forces at work.
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Product Details
Weight: 336g
Dimensions: 156 x 234mm
Publication Date: 05 Mar 2018
Publisher: Harriman House Publishing
Publication City/Country: United Kingdom
Language: English
ISBN13: 9780857196330
About Tony Plummer
Tony Plummer has worked and traded in financial markets for more than 40 years. He now specialises in long-term economic and financial research and analysis and writes and lectures on group behaviour. Tony is the author of Forecasting Financial Markets which describes the influence of crowd psychology on economic activity and financial market price behaviour. He is also the author of The Law of Vibration which reveals the rhythms patterns and levels of support and resistance that were associated with the renowned stock market trader William Gann. Tony is a former director of Helmsman Economics Ltd of Rhombus Research Ltd of Hambros Bank Ltd and of Hambros Fund Management PLC. He is a Fellow of the Society of Technical Analysts in the UK and was until November 2011 a Visiting Professorial Fellow in the Department of Economics at Queen Mary University of London. He has a Masters degree in economics from the London School of Economics and an Honours degree in economics from the University of Kent. He has had four years of training in Core Process Psychotherapy.