Benner's cycle
1884 chart predicting market cycles
Nº Q124313889 ★★★
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Benner's cycle
1884 chart predicting market cycles
Benner's cycle describes a theorized economic phenomenon named after Ohioan farmer Samuel Benner, who in 1872 produced a chart that references historical market cycles between 1780–1872 and uses them to make predictions for 1873–2059. The chart marks three phases of market cycles: A. Panic Years - "Years in which panic have occurred and will occur again."
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From Wikipedia
Benner's cycle describes a theorized economic phenomenon named after Ohioan farmer Samuel Benner, who in 1872 produced a chart that references historical market cycles between 1780–1872 and uses them to make predictions for 1873–2059. The chart marks three phases of market cycles: A. Panic Years - "Years in which panic have occurred and will occur again." B. Good Times - "Years of Good Times. High prices and the time to sell Stocks and values of all kinds." C. "Years of Hard Times, Low Prices, and a good time to buy Stocks, 'Corner Lots', Goods, etc. and hold till the 'Boom' reaches the years of good times; then unload."
Text: Wikipédia, CC BY-SA 4.0. · Image: Samuel Banner (Public domain) ·
