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Hasbrouck Forecast Record - Sacred Science Institute

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Space -Time <strong>Forecast</strong>ing of Economic Trends<br />

=<br />

M. B. <strong>Hasbrouck</strong> 319 East 50th Street, New York, N. Y. 10022 ... PLaza 8-1998 L. <strong>Hasbrouck</strong><br />

=====<br />

.... ~~--<br />

---<br />

BACKGROUND AND RECORD OF THE SPACE-TIME RESEARCH<br />

It began in the early thirties, with a dual objective:<br />

(1) On the part of Louis <strong>Hasbrouck</strong> (financially-minded)<br />

who wanted to find out what makes markets fluctuate -­<br />

that is, what lies behind the ebb and flow of economic<br />

change, particularly relative <strong>Institute</strong> to recurrent of phenomena of<br />

"boom and bust" such as he had just lived through in 1929<br />

(2) On the part of CosmoEconomics<br />

Muriel Bruce <strong>Hasbrouck</strong> (research-minded<br />

writer) who wanted to find out what makes people behave<br />

the way they do.<br />

www.CosmoEconomics.com<br />

These two studies met, and merged, in 1931. Louis <strong>Hasbrouck</strong><br />

had exhausted every available source of applicable knowledge<br />

relative to his basic question, only to find that nobody had<br />

an answer. Muriel <strong>Hasbrouck</strong>, despite psychology, philosophy,<br />

and genetics, had come to a dead end in her research. No one,<br />

it seemed, had found a principle of causality for economic<br />

fluctuation or for human behaviour. At this point it was<br />

mutually decided to extend the search to older beliefs --<br />

to plumb the depths of a concept and a theory which have<br />

persisted through the centuries:<br />

(1) The early Greek concept of a unified field of energy,<br />

whose center is the Sun, as enveloping, and ~nteracting<br />

with everything that lives.<br />

(2) The Babylonian theory that variations in the forces<br />

of this field, calculable according to mathematical<br />

astronomy, correspond <strong>Institute</strong> not only of with seasonal shifts,<br />

but with many other types of change.<br />

CosmoEconomics<br />

These related ideas are defined by Dr. Derek de Solla Price as<br />

"the twin www.CosmoEconomics.com<br />

origin ( of science) in the Graeco-.i:labylonian meltingpot.<br />

"They provided the fraJle of reference from which could be<br />

developed -- thanks to modern physics from Faraday to Einstein<br />

and .tlohr -- what can be called Space-Time Dynamics. Dr. Price<br />

further defines the process as "cross-fertilization," and he<br />

adds: "Whole new sciences have arisen from the confluence and<br />

interlocking of previously separated departments of knowledge."<br />

(<strong>Science</strong> Since babylon, pp. 21-22 •• rale.)<br />

(over)


Background and <strong>Record</strong> 2<br />

Space-Time Dynamics is one of these new sciences. It has taken<br />

thirty years of study and research to consolidate the various<br />

factors which made it possible to order and apply the Space­<br />

Time Structure relative to cyclic change and evolution in world<br />

and economic affairs. Its application at the practical level<br />

of trend anticipation is the outcome of the realization of a<br />

logical relationship between the changin~ forces in the "field"<br />

of space-time and the changing moods and attitudes of people -­<br />

the realization that we, here on earth, are living in space-time;<br />

we are a part of it. --<br />

To put it briefly, there appears to be, in the field of spacetime,<br />

an orderly cyclic wave of changing energy. What we have<br />

established is that the <strong>Institute</strong> crests and of troughs of these energy waves<br />

can be timed, that they coincide with major turning-points in<br />

economic history, and that these in turn are found to coincide<br />

with observable changes<br />

CosmoEconomics<br />

in the public mood. Thus it is clear<br />

that economic changes arise not from events, politicaL actions,<br />

or manipulation www.CosmoEconomics.com<br />

of financial machinery, but from how people feel<br />

-- their desires, motivations, and attitudes. Many economic<br />

thinkers have accepted this as a theory. But no way has been<br />

found -- from the statistical approach -- to anticipate a change<br />

in public moods and motivations.<br />

THE RECORD shows that by means of the space-time<br />

technique these changes can be anticipated and<br />

timed. We were able to predict, with confidence,<br />

the qualitative extent of the longest prosperity<br />

wave in recent economic history.<br />

We published a broad forecast in January, 1959, under the title<br />

THE NEXT SEVEN YEARS. In it we predicted a rise and expansion<br />

of U.S. and world prosperity throughout that period -- which is<br />

still with us. This predicted expansion carried the Dow Jones<br />

Industrials from 525 in October, 1958 (when the forecast was<br />

written) to 900 in January, 1965. Gross National Product figures<br />

have moved up steadily from 460 to 630. We have also anticipated<br />

the interim down-turns,<br />

<strong>Institute</strong><br />

or interruptions.<br />

of<br />

(See attached excerpts.)<br />

CosmoEconomics<br />

THE PRESENT FORECAST evaluates and dates the crest, or<br />

peak, of this long cyclic wave we predicted -- and have<br />

experienced. www.CosmoEconomics.com<br />

With a ten-page anticipatory analysis of<br />

the timing, and the implications, of the coming change<br />

in economic climate, we include a prototype graph of<br />

the long range wave as it has coincided with the peaks<br />

and troughs of recent history -- with an interpretation<br />

of its meaning and significance -- projected through<br />

the coming peak. ThiS, together with future discussion<br />

(personal or by mail) as to the practical application of<br />

the <strong>Forecast</strong> findings, we are offering at a subscription<br />

price of $250.<br />

M. B. <strong>Hasbrouck</strong> Louis <strong>Hasbrouck</strong>


Space -Time <strong>Forecast</strong>ing of Economic Trends<br />

M. 8. <strong>Hasbrouck</strong> 319 East 50th Street, New York, N. Y. 10022 ... PLaza 8·1998 L. <strong>Hasbrouck</strong><br />

J!,"XCERPrS FROM FORECAS'rS (1958 to 1964)<br />

I September, 1958 DJI 525 ,}NP 460<br />

"Manufacturers, backed up by gover=ent pronouncements, are nurturing<br />

needs, wants, desires, and acquisitive ambitions to a point -- and at<br />

a tempo -- never before achieved in history by any country. All this<br />

tunes in with the natural ~ of optimism for which the cycle pattern<br />

calls at this time."<br />

,2.; February 16, 1959 ~ DJI 610 GNP 500<br />

"Take the present. The economy is going through a minor trend change.<br />

We can expect<br />

www.CosmoEconomics.com<br />

public psychology to show more caution than has been<br />

recently exhibited, but the underlying mood continues to be one of<br />

confidence, which basically ~ continue up to the arrival of the big<br />

splurge indicated for 1962-~-li5.. "<br />

(3 December 19, 1960 '~ DJI 615 GNP 525<br />

"As you know, the present phase of uncertainty can be seen as ending<br />

in 1962, changing to a phase of certainty and/or optimism which will<br />

carryon :!:!l2 to the peak. • ."<br />

"'f' January 27, 1961 DJI 630 GNP 530<br />

"If you will look at the graph I gave you a couple of months ago,<br />

you will observe that in the projection of the Dow Jones Industrials,<br />

a change in direction is indicated for about now: early February. •<br />

Let us remember, however, that the overall Graph shows that the basic<br />

underlying trend is constructive for several years to~. So it· can<br />

be expected that many stocks will start up, or continue on an upward<br />

course, even in the face of continuing uncertainty. ,.<br />

~ April 11, 1962 DJI 695 GNP 540<br />

"As you may remember, the pattern for the past year (1961-62) calls for<br />

a period of uncertainty, lasting for another few months from now, but<br />

furnishing the basis for a final explosive upsurge in the economy."<br />

~ July 9, 1962 DJI 580 GNP 550<br />

Y-<br />

<strong>Institute</strong> of<br />

CosmoEconomics<br />

<strong>Institute</strong> of<br />

CosmoEconomics<br />

www.CosmoEconomics.com<br />

"In the next three years - plus - you should be able to double the<br />

dollar value of your fortune.~ Unknown to me, J.F.K. had picked April<br />

11, 1962, for his attack on the steel industry ••• "<br />

January 2, 1964 DJI 765 GNP 575<br />

"'1'0 summarize: just ahead lies 1964, gathering momentum toward a cycle<br />

peak, with energy very little interrupted by alarums and excursions."


h.ge Two<br />

SEVEN YEARS OF SPAC&-TIME FORiSCASTS<br />

From ''The Next Seven Years" (American Mercury, January 1959)<br />

"The next seven years will see the repetition of a recurrent phenomenon<br />

for which there is no obvious explanation. A period of world expansion<br />

and prosperity will be followed by a period of chaos, during which many<br />

things built up during the long approach to the prosperity peak will be<br />

destroyed, l.ncluding the wealth of nations, groups, and tndividuals."<br />

Early Letters ••• February 16, 1959: "The underlying mood continues to be one of<br />

confidence, wh1.ch basically will continue up to the arrival of the big splurge timed<br />

for 1963-64-65." July 9, 1962: "In the next three years, plus, you should be able<br />

to double the dollar value of your fortune."<br />

FROM FORECAST I (October 15, 1964)<br />

<strong>Institute</strong> of<br />

CosmoEconomics<br />

"Knowing with confidence, today, that by June, 1965, the velocity of human<br />

energy will begin to ~ down, in preparation for a breakdown in spring, 1966."<br />

Interim Letters ••• First series: #5 (June 28, 1965) "The first. warning of the coming<br />

shift in economic climate timed (broadly) in the <strong>Forecast</strong> for the present period (June_<br />

July, 1965) has<br />

www.CosmoEconomics.com<br />

come outinto the open -- first in the behaviour, sir.ce May, of the New<br />

York and London stock prices, and second, in the unexpected speech by the Chairman of<br />

the Federal Reserve Board on June 1. The remaining months of 1965, and the early months<br />

of 1966, will offer a number of opportunities to shorten saU, The present period is a<br />

precursor as well as a warning" •••• • (January 20, 1966) ''Objectively, then, where<br />

do we stand today in relation to the Spsce_Time Wave? WE HAVE COME, ONCE KlRE, TO A<br />

PERIOD OF CRUCIAL CHANGE."<br />

FROM FORECAST II SUIIIID8.r:v. March :n. 1966<br />

"Throughout the Spsce_Time <strong>Forecast</strong>s we have pointed out that history, in terms of<br />

events or conditions, never repeats. Therefore the disintegration that will set in<br />

from now on will follow a pattern of change unlike those following any previous peak<br />

period such as 1929, when the breakdown was first recognized through the spectacular<br />

crash tn the stock market. • • The period from Early Feb:RUary to around the middle of<br />

May can bring a gradual, but continuous decline in public confidence."<br />

Interim Letters •• Second Series (June 7, 1966) "In practically all financial planning,<br />

t.he confrontation of majl)r and rn.tnor trend change is always a big problem. At this<br />

moment the question __ will there be a "sUl1Dller rally?" -- is uppermost in the minds of<br />

many people ••• i/2 (July 18) "It <strong>Institute</strong> is important of to remember at this time that 1966 is<br />

a different year from any we have ever known. 'Ilradi tional notions, such as "sUJlllllElr<br />

rallies" should be regarded as cliches, and replaced by the clear_cut Space_Time view_<br />

CosmoEconomics<br />

www.CosmoEconomics.com<br />

point that the Big change h!!. ~ -_ the trend is OOWN, the word is BE LIQUID ••• "<br />

#3 (August 11) I~e do not in any way compete with the technical analysts. We do not<br />

comment on individual stocks or handle funds. Our vital objective is to keep you from<br />

being fooled by surface appearances, through bringing you a reliable TIMING frame of<br />

reference within which to do your :1.nvesUng, planning, and economic thinking •• Just<br />

as we were able to indicate early February as a market top, and mid-Mayas the low of a<br />

down-move from which recovery would be sporadic, sluggish, and unproductive, so we today<br />

bring you advance Warning, in plenty of time to act, in the words of Hamilton Bolton:<br />

"Investors must recognize that probabilities of capital gains are thin, and that business<br />

men should be watching corporate policies with a wary eye." #4 (September 12) We<br />

therefore say, with added emphasis: any stock market rally that might show Uself during<br />

September can be regarded as still another sporadic, abortive effort, an opportunity to<br />

shorten sail still further, sit on the hatches, and WAIT. Wait, that is, for the end of<br />

of this first radical deflation in stock prices when a balancing up-move can develop that<br />

will be worth while, in spUe of the unavoidable fact that we are now in the first stages<br />

of a long down trend. "


1158 ,'159 1960 1'161 1962 1'f6 J 1'16't' J'16..!l<br />

1 '" b<br />

j '1'"<br />

.~<br />

Space- Time <strong>Forecast</strong>ing<br />

of Economic Trends<br />

_900_<br />

9i&<br />

Ilzio<br />

_7.50_<br />

25I2<br />

'@<br />

-j)-;rIfI ~<br />

_600_<br />

------ -<br />

HIGHLIGHTS of FORECASTS<br />

<strong>Institute</strong> of<br />

CosmoEconomics<br />

If<br />

www.CosmoEconomics.com<br />

19S5ffi "THE NEXT SEVl"..N Y!

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