{"id":5693,"date":"2024-06-20T03:49:04","date_gmt":"2024-06-20T03:49:04","guid":{"rendered":"http:\/\/www.economicfractalist.com\/blog\/?p=5693"},"modified":"2024-06-20T03:49:04","modified_gmt":"2024-06-20T03:49:04","slug":"the-6-week-june-july-2024-first-leg-down-of-the-german-dax-and-other-global-equities-2024-2025-crash","status":"publish","type":"post","link":"http:\/\/www.economicfractalist.com\/blog\/2024\/06\/20\/the-6-week-june-july-2024-first-leg-down-of-the-german-dax-and-other-global-equities-2024-2025-crash\/","title":{"rendered":"The 6 week June-July 2024 First Leg Down of the German Dax (and other global equities) 2024-2025 Crash"},"content":{"rendered":"\n<p>Copper, the global useful building element commodity is following the same March 2020 monthly  fractal pathway as the German Dax : 8-9\/24\/22 months. The 24 month second fractal is composed of a  4\/9\/8\/6 exactly paralleling the German Dax. <br><br>The weekly German Dax from the low in October 2023 is composed of two fractal series: an initial 3\/6\/6 of 13 week first fractal series and a 5\/10\/10\/1 of 7 week or 29 week second fractal series. This should end in about the last wee of July 2024. <\/p>\n\n\n\n<p><br><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"http:\/\/www.economicfractalist.com\/blog\/wp-content\/uploads\/2024\/06\/Screen-Shot-2024-06-19-at-10.50.40-PM.png\"><img loading=\"lazy\" decoding=\"async\" width=\"759\" height=\"884\" src=\"http:\/\/www.economicfractalist.com\/blog\/wp-content\/uploads\/2024\/06\/Screen-Shot-2024-06-19-at-10.50.40-PM.png\" alt=\"\" class=\"wp-image-5696\" srcset=\"http:\/\/www.economicfractalist.com\/blog\/wp-content\/uploads\/2024\/06\/Screen-Shot-2024-06-19-at-10.50.40-PM.png 759w, http:\/\/www.economicfractalist.com\/blog\/wp-content\/uploads\/2024\/06\/Screen-Shot-2024-06-19-at-10.50.40-PM-258x300.png 258w\" sizes=\"auto, (max-width: 759px) 100vw, 759px\" \/><\/a><\/figure>\n\n\n\n<p><br>With weakening economic data, the European and Canadian central banks have already lowered sovereign interest rates.  A significant July 2024 drop in global equities will likely precipitate another round of central bank interest rate cuts and an initial Federal Reserve Fed Funds rate cut. A third fractal rebound of about 23-24 weeks would take  equity growth beyond the United States early November 2024 presidential election.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Copper, the global useful building element commodity is following the same March 2020 monthly fractal pathway as the German Dax : 8-9\/24\/22 months. The 24 month second fractal is composed of a 4\/9\/8\/6 exactly paralleling the German Dax. The weekly German Dax from the low in October 2023 is composed of two fractal series: an &hellip; <a href=\"http:\/\/www.economicfractalist.com\/blog\/2024\/06\/20\/the-6-week-june-july-2024-first-leg-down-of-the-german-dax-and-other-global-equities-2024-2025-crash\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">The 6 week June-July 2024 First Leg Down of the German Dax (and other global equities) 2024-2025 Crash<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5693","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"http:\/\/www.economicfractalist.com\/blog\/wp-json\/wp\/v2\/posts\/5693","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.economicfractalist.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.economicfractalist.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.economicfractalist.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.economicfractalist.com\/blog\/wp-json\/wp\/v2\/comments?post=5693"}],"version-history":[{"count":2,"href":"http:\/\/www.economicfractalist.com\/blog\/wp-json\/wp\/v2\/posts\/5693\/revisions"}],"predecessor-version":[{"id":5697,"href":"http:\/\/www.economicfractalist.com\/blog\/wp-json\/wp\/v2\/posts\/5693\/revisions\/5697"}],"wp:attachment":[{"href":"http:\/\/www.economicfractalist.com\/blog\/wp-json\/wp\/v2\/media?parent=5693"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.economicfractalist.com\/blog\/wp-json\/wp\/v2\/categories?post=5693"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.economicfractalist.com\/blog\/wp-json\/wp\/v2\/tags?post=5693"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}