Merrill Lynch clock: It's in an overheated phase

This model was published by Merrill Lynch in 2004 to help you identify
Different stages of the business cycle so that decisions can be made accordingly.
Characteristics of 1.
Commodity prices are high, including gold and crude oil
Economic growth is weakening
Capacity is limited, the company has lowered the previous value
2. The measures
The Federal Reserve is about to raise interest rates to curb inflation
3. The data
Last Monday, commodity inflows exceeded $4.5 billion in a day's trading
Equivalent to a normal month's trading volume
"Missing an opportunity doesn't matter if you can't control the situation
Something bad." - warren buffett