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Leading Indicator
World's Tallest Building Indicator
World's Tallest Building Indicator
Nick Name
Skyscraper Indicator
Parent term
Leading Indicator
The World's Tallest Building Indicator suggests that the planning and construction of the world's tallest buildings coincide with market peaks
More about World's Tallest Building Indicator
Discusses The Following
Asset Classes
Commercial Real Estate
Mentioned by the Following
Publications
The Elliott Wave Theorist
Notes
Erecting the world's tallest building (at any given
time
) requires confidence, optimism, ambition and
money
to spend
Theses required attributes are reflective of a peak in social mood
Examples:
World
Trade
Center (USA) : 1973 - 1975 Economic
Crisis
Petronas Towers (Malysia) : 1997 - 1997 Asian Economic
Crisis
Taipei
101 (
Taiwan
)
:
2000 - 2003 Dot Com
Bubble
Burj Khalifa (Dubai) : 2007 - 2010 Great
Recession
Kingdom Tower (
Saudi Arabia
) : (2018??? -->