By the time of Supercycle wave (a) low, America and the world will demand defense cuts as they never have before.

Timing should be from the middle of the current decade where it should reach its intensity.

The previous time in history this occurred was in the early 1930’s. Take a look at newspaper headlines that occurred during those years:

“All Forces are Included; Armies, Navies, Planes Would Be Reduced to Defense Needs … . Tanks, Chemical Warfare, All Large Guns and Bombers Would Be Abolished. OUR SAVING $2,000,000,000

—The New York Times, June 22, 1932.”

Advise for defense related investments

Civil unrest and civil wars will escalate the coming years and this should be beneficial for producers of more “light” arms suitable for these type of conflicts and more consistent with wave (a) psychology.

Elliott Wave Technician, Geir Solem, Editor