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The Cycles of Financial Markets | David Gurwitz, Charles Nenner Research Center | #85

“It’s a mindset that he has about protecting the downside. That’s the main thing to the system.” – David Gurwitz (Tweet)

This episode has a unique and interesting guest, the kind we rarely have on this show. David Gurwitz does not trade in the financial markets, but provides predictions and research to many firms, including some we have interviewed. He looks at the cycles in financial markets. Keep an open mind during this episode and see what you can learn about Charles Nenner’s research methods, the start of their research business, and what predictions they have been correct on and which ones they missed.

Thanks for listening and please welcome David Gurwitz.

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In This Episode, You’ll Learn:

  • How David explains what he does, and how this interview is different.
  • How he played semi-professional basketball in Spain before going into accounting.
  • How he met Charles Nenner.
  • How their business works and how cycles works.

    “We don’t manage money.” – David Gurwitz (Tweet)

  • How Charles has predicted crude oil drop in 2014.
  • What they look at when making their predictions.

    “Look at your own life as a person; we all go through cycles.” – David Gurwitz (Tweet)

  • How they do media appearances and how media has changed.
  • How they go about doing their research.

    “Every category has its own history. We don’t project that it leads to other things.” – David Gurwitz (Tweet)

  • Why sunspots might affect the stock market shifts.
  • How different cultures are more open to the idea of cycles and their effect on the financial sector.
  • The predictions they’ve made in recent years on the Yen, Gold, and the Euro.

    “Price is the only thing we look at.” – David Gurwitz (Tweet)

  • Why looking back at history can show interesting lessons.

    “Family offices – their concern is return of capital not return on capital.” – David Gurwitz (Tweet)

  • What the cycles are in equities and bonds.

Resources & Links Mentioned in this Episode:

  • Read the article David mentions in this episode featuring his work in Oil & Gas Investor.
  • Check out Back to The Future, the film David talks about in this episode.
  • Listen to past episodes with a predictions expert Mahendra Sharma here and here.

This episode was sponsored by Swiss Financial Services:

Connect with Charles Nenner Research Center:

Visit the Website:

E-Mail Charles Nenner Research Center:

Follow David Gurwitz on Linkedin

“Our brains are affected by electronic and electromagnetic pulse.” – David Gurwitz (Tweet)

1 Comment

  1. Slav D on 07/09/2015 at 8:16 AM

    On a amplitude(#of bars of various time length ie weekly,quarterly,daily) vs frequency domain, at what cycle frequency do youe make the cut off in your selection of relevant cycles? I am no engineer but of little that i know in signal processing, Fourier transforms the time domain into frequency domain to help distinguish repeatable cycles of various amplitudes, and i am guessing amplitude would be the # of time bars of selected time length . One could also plot the bars in say individual stocks float turnover, and distinguish cycles that way. So for amplitude or Y axis you would have # of shares traded and for x axis a frequency of sinusoidal waves. Does Nenner always use Fourier to go from time to frequency domain or do you look at cycles in other variables as well? say volatility/volume, or sentiment/price etc? For trend-followers it may be nice to know when in time price range expansion/compression occurs and if repeatable cycles of price range are present and forecastable. Since even equity curves move up/down can we use cyclical analysis to predict manager/strategy performance? I believe that kinda cycle research would be extremely interesting.

    I hope these questions makes some sense Niels.

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