Triple Waterfalls: excerpt from Basic Points
June 13, 2005
This week we look at another interesting essay by Donald Coxe, the Global Portfolio Strategist, BMO Financial Group. He is also the Chairman and Chief Strategist of Harris Investment Management in Chicago, and Chairman of Jones Heward Investments in Toronto. Coxe writes a monthly piece called "Basic Points."
This section of the report looks at what Donald refers to as a Triple Waterfall. This is a similar concept that many readers have seen from me before based on the work of Michael Alexander, Ed Easterling and my own research on secular market cycles. A Triple Waterfall is explained and then a forecast for technology and commodities is made. Enjoy this weeks Outside the Box.