The long (Kondratieff) wave
The characteristics of secular trends
Causes of secular trends in equities
Characteristics of primary trends change according to the secular trend direction
1. Recognizing that duration varies considerably, what represents a reasonable range for the length of the average secular trend for bonds, stocks, or commodities?
A. 5 to 10 years
B. 30 to 40 years
C. 15 to 20 years
D. 9 months to 2 years
2. True or false: The duration of a complete Kondratieff wave is typical of a secular trend.
3. Fill in the blank: Under the Kondratieff scenario, an up wave begins after the structural overbuilding of the previous ...