It's time for a hyper-crash, say multifractal analyses of the main stock market index
Tuesday, November 27, 2018 - 09:00
in Mathematics & Economics
The near future of the global economy looks extremely bleak. This pessimistic forecast comes from advanced statistical analysis of the S&P 500 stock market index, recently published by scientists from the Institute of Nuclear Physics of the Polish Academy of Sciences in Cracow. Based on their analysis, the researchers explain why, in up to a dozen or so years, we can expect an unprecedented financial meltdown.