Benner Cycle
The benefit of social media is that it gives everyone a voice. The downside of social media is that it gives everyone a voice. An example of the latter are pseudo finance "influencers" on LinkedIn. You know, those Entrepreneurs|Founders|Futurists|Evangelists that will post an arbitrary graph along with a GPT scripted paragraph of "investment advice" in an attempt to harvest the content machine for engagement. A staple of these trending travesties is a thing called the Benner Cycle . The Benner Cycle is a chart of predicted market cycles that was published by an Ohioan farmer Samuel Benner in his book "Benner's Prophecies of Ups and Downs in Prices", which was published in 1884. This chart is intended to predict market movements from 1924 through to 2059 and is described in the book by Benner as a "sure thing". As you can see in the chart there are two overlapping cycles, a major and a minor cycle. The peaks and troughs are assigned as points...