K-waves, asset performance and industrial sector favourability
by Olli-Pekka Hilmola
International Journal of Technology Intelligence and Planning (IJTIP), Vol. 9, No. 4, 2013

Abstract: There exist very limited amount of research conducted from the relationship between stock markets and Kondratieff economic long-waves. In this research, we examine this relation with longitudinal data, not using decades, but rather century long series. Initial analysis shows significantly better returns on using K-waves in investment decisions in asset classes such as equities, oil and gold. Our research is unique in a sense that it argues stock markets to have cycles, and in turn suggesting that there exist periods when investors should be active within these (correspondingly industries being active in trendy sectors), but on the other hand, avoid them in economic long-wave downswings. Gold and oil are proposed to offer safety and yield in K-wave downturns. This has potential implications on industrial sector renewal, and it is proposed that world population driven industries will do well in the forthcoming decades.

Online publication date: Tue, 29-Apr-2014

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Technology Intelligence and Planning (IJTIP):
Login with your Inderscience username and password:

Username:        Password:          Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com