The growth and decay of the Asset-Debt Macroeconomic Systems’ tradable assets’ valuations self-assembly in the most efficient mathematical time-based fractal manner possible. At major inflection points (1929 and 2026; 1807 36/90 year and 1982 13/33 year :: x/2.5x 1st and 2nd fractal cycles respectively) – created by asset extreme overvaluation(caused by corporate buy-backs, petrol dollar investment, retirement automatic 401K investment, et al.); private debt default; and excessive private debt accumulation untethered to the underlying ongoing wage and job related real economy – incipient asset valuation fractal decay is interpolated in final fractal valuation peak growth. In 2026 add to the private debt default, debt accumulation relative to job and wage growth, and extreme asset overvaluation … add … a global energy and global critical petroleum byproduct shock – and the 1929 initial peak to nadir fractal valuation decay of 48% will likely be smaller than the initial peak to nadir valuation fractal decay in 2026.

The current new fractal decay model is actually an earlier 2008 identified 3-phase decay series:

In more detail the below diagram shows peak fractal growth to 3 Sept 1929 high and the interpolated 10-11/26-27/27 day :: y/2.5y/2.5y 3-phase fractal series crash decay.

The 2026 fractal growth to 25 Feb 2026 ACWI peak valuation and the 1929-self-similar interpolated 3-phase 11/27/27 day :: y/2.5y/2.5y crash series decay is shown below.

Two very similar 1929 and 2026 competing daily terminal growth and incipient decay fractal models have been recently presented where incipient decay is interpolated in terminal peak growth. On the basis of 2026 hourly fractals, this one appears to be correct.

To the 1929 peak: 4.5/10/4 of 9 days :: x/2-2.5x/2x, a truncated 3-phase growth fractal series where day 4 of the 3rd fractal is the 3 Sept 1929 DJIA peak. The 9 day 3rd fractal containing the 3 Sept 1929 peak then becomes the 1st decay base fractal of a 9/19/18/10 day :: y/2-2.5y/2y/1.5y” crash 4-phase fractal decay series where y” is 1.5 times ( the 3rd decay fractal length divided by 2.5)

Qualitatively 3 Sept 1929 peak growth was related to excessive leverage in the equity market with 10% margin buying and overvaluation – and over consumption with consumer credit for debt based purchases of new products. 25 Feb 2026 ACWI peak was likewise a result of highly leveraged private debt for Tech and AI products, trillions of corporate equity buy-backs resulting in historical overvaluation, and high consumer and credit card debt. Add to these elements, the instantaneous inflationary pressure of critical supply loss of energy, fertilizer, and critical petroleum by-products in markets where a large shift in the marginal cost curve occurred due to relative supply in-elasticity.

To the 25 Feb 2026 ACWI peak: a truncated 3-phase growth fractal series: 5 Feb 2026 4/8/4(25 Feb peak) of 8 days :: x/2x/2x. The 8 day 3rd fractal becomes the 1st fractal decay base of a 8/18/16/10 day :: y/2-2.5y/2y/1.5y” 4-phase crash fractal decay series. Today 24 March was day 16 of an 18 day 2nd fractal with expected lower low terminal 2nd fractal nonlinearity during the next 2 trading days.

The corroborating ACWI hourly fractal series coincident to the above daily series is a 5 Feb 2026 3:30 PM EST 20/46/50 hour :: x/2-2.5x/2.5x 3-phase truncated growth series with peak valuation on 25 Feb, hour 28 of the 50 hour 3rd fractal. The 50 hour 3rd fractal becomes the base fractal for a 50/125/100-115/60-68 hours ::y/2.5y/2-2.5y/1.5y” where y” is 1.5 times ( the 3rd decay fractal length divided by 2.5) The 125th hour low of the 2nd fractal is anticipated at 330 PM EST 26 March 2026.

2026: An Exact 4-phase Crash Fractal Decay Series Replay of 1929?

The 4-phase fractal decay series for the 20th century 1929 DJIA and its equivalent 21st century 2026 ACWI appears to be exactly the same: 7/16/18/10 days :: x/2-2.5x/2.5x/1.5x.

In 1929 the 12 day: 2/5/5/3 day :: x/2.5x/2.5x/1.5x 3rd fractal of a terminal 5/10/12 day :: x/2x/2.5x 3 phase growth fractal series contained the DJIA 3 Sept 1929 peak valuation; the final 7 days of the 12 day 3rd fractal formed the 7 day initial 1st fractal decay base of the 4-phase crash decay series: 7/16/18/10 days.

In 2026 a terminal 5 Feb 2026 ACWI 3/6/7/5 day :: x/2x/2-2.5x/1.6x 4-phase growth and decay fractal series contained the ACWI 25 Feb 2026 peak valuation, day 7 of the 3rd fractal. A 7 day first decay fractal was initiated on 23 Feb, formed by the last 3 days of the 7 day 3rd fractal and the 5 days of the 4th fractal (one shared day) with a crash decay fractal series of 7/16-17/18/10 days, identical to 1929. Today is day 15 of the 2nd fractal with a significant down day(s) expected on day 16-17 .