Terms

World's Tallest Building Indicator

Skyscraper Indicator
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

Asset Classes

Commercial Real Estate

Mentioned by the Following

Publications

The Elliot Wave Theorist

  • 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??? -->