Benner Cycle
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Benner Cycle
Benner Cycle is a chart created by Ohioan farmer Samuel Benner. It references historical market cycles between 1780-1872 and uses them to makes 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." Cycles Benner estimated panics occur on a cycle of roughly 18 years, 20 years, and 16 years (18-20-16). After a panic, Good Times last for about 7 years. This is followed by a transition of about 11 years to Hard Times. Then, recovery to Good Times over a period of about 9 years (7-11-9). References {{reflist Business cycle theories ...
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Banner Cycle
A banner can be a flag or another piece of cloth bearing a symbol, logo, slogan or another message. A flag whose design is the same as the shield in a coat of arms (but usually in a square or rectangular shape) is called a banner of arms. Also, a bar-shaped piece of non-cloth advertising material sporting a name, slogan, or other marketing message is also a banner. Banner-making is an ancient craft. Church banners commonly portray the saint to whom the church is dedicated. The word derives from Old French ''baniere'' (modern ), from Late Latin ''bandum'', which was borrowed from a Germanic source (compare ). Italian ''bandiera'', Portuguese language">Portuguese ''bandeira'', and Spanish language">Spanish ''bandera''. Vexillum The vexillum was a flag-like object used as a military standard by units in the Ancient Roman army. The word ''vexillum'' itself is a diminutive of the Latin ''velum'', meaning a sail, which confirms the historical evidence (from coins and sculpture ...
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Business Cycle
Business cycles are intervals of general expansion followed by recession in economic performance. The changes in economic activity that characterize business cycles have important implications for the welfare of the general population, government institutions, and private sector firms. There are many definitions of a business cycle. The simplest defines recessions as two consecutive quarters of negative GDP growth. More satisfactory classifications are provided by, first including more economic indicators and second by looking for more data patterns than the two quarter definition. In the United States, the National Bureau of Economic Research oversees a Business Cycle Dating Committee that defines a recession as "a significant decline in economic activity spread across the market, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales." Business cycles are usually thought of as medium-term ev ...
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