samuelbenner

In this article, I will tell you how the Benner Cycle has predicted market movements for more than 100 years. I wish you a pleasant reading...

How has the Benner Cycle accurately predicted market movement for 150 years?

As a farmer in the early 19th century, Samuel Benner wondered how market cycles in the economy worked. This curiosity led him to write a book called 'Trends and Phases of Business' in 1875. In the book, he explained the method he used to predict the future direction of business and commodity prices. Benner discovered that market movements repeat in a series of annual cycles and determined that these cycles include years of panic, years of good times, and years of hard times. For example, panic years are often years in which average economic activity is low, and asset prices fall while unemployment rates rise. The Benner Cycle also accurately predicted major economic events such as the Great Depression in 1929, the Dotcom Bubble in the 2000s, and the COVID crisis in 2020.