The US hegemony is following a 1790 (1/2x initiating fractal)/x/2.5x/2.5x/1.5x pattern :: correlating to a 18/36/90/90/54 year fractal pattern.
The higher and lower high composite equity peak valuations of the global asset debt macroeconomic system are completely deterministic and grow in time dependent fractal order to a peak valuation level. Thereafter decay and devaluation occur also in a highly ordered fractal pattern.
Those equity valuations are dependent on long term sovereign interests rates. And because of the accumulated enormous unrepayable bad debt load and entitlement system, those long term sovereign interest rates over the next 54 years for the US hegemony will negative or close to zero.
Just like the hegemonic Roman Emperors, Senate and financial system operating in concert over 2000 thousand years ago debased their currency with base metals, the hegemonic American federal reserve, executive, and legislative and funding branch are, of necessity, debasing its currency with negative or near-zero long term interest rates. And this is the only way forward to maintain the system. The necessary goal is the maintenance of 401k equity valuations, which provide the glue and the basis for wealth and spending, required for a principally service-line American economy.
From the March 2020 low : two interpolated daily fractals:
1). 13/29/32 days and 23/50 of 58 days
2) 13/29(41 days) and 32// 23(4/8/8/6)//50 (9/23/20) days of 58 days
or x/2.5x :: 41/103 days to (secondary) peak valuation
with collapse devaluation 32/72 of 80 days … over the next 8 trading days