Benner Cycle
{{Short description|1884 chart predicting market cycles}}
File:Banner Cycle.jpg |year=2010 |isbn=9780470883242 |page=101}}]]
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:{{cite web |last1=Protonotarios |first1=Giorgos |title=The Cyclicality of Financial Markets and Benner's Cycle |url=https://tradingcenter.org/index.php/trade/equities/362-benner-cycle |website=TradingCenter}}
: 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{{cite web |title=Samuel Benner (1832-1913) - Author|url=https://benner.org.nz/index.php/stories/benner-usa/193-samuel-benner-1832-1913-author}} 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).
| class="wikitable mw-collapsible mw-collapsed"
|+Predictions !Hard Times !Good Times !Panics |
| 1780
| | |
| |1783
|1783 |
| 1789
| | |
| |1791
| |
| 1796
| | |
| |1800
| |
| |
|1803 |
| 1807
| | |
| |1810
| |
| 1816
| | |
| |1818
| |
| |
|1819 |
| 1823
| | |
| |1827
| |
| 1834
| | |
| |1837
|1837 |
| 1843
| | |
| |1845
| |
| 1850
| | |
| |1854
| |
| |
|1857 |
| 1861
| | |
| |1864
| |
| 1870
| | |
| |1872
| |
| |
|1873 |
| 1877
| | |
| |1881
| |
| 1888
| | |
| |1891
|1891 |
| 1897
| | |
| |1899
| |
| 1904
| | |
| |1908
| |
| |
|1911 |
| 1915
| | |
| |1918
| |
| 1924
| | |
| |1926
| |
| |
|1927 |
| 1931
| | |
| |1935
| |
| 1942
| | |
| |1945
|1945 |
| 1951
| | |
| |1953
| |
| 1958
| | |
| |1962
| |
| |
|1965 |
| 1969
| | |
| |1972
| |
| 1978
| | |
| |1980
| |
| |
|1981 |
| 1985
| | |
| |1989
| |
| 1996
| | |
| |1999
|1999 |
| 2005
| | |
| |2007
| |
| 2012
| | |
| |2016
| |
| |
|2019 |
| 2023
| | |
| |2026
| |
| 2032
| | |
| |2034
| |
| |
|2035 |
| 2039
| | |
| |2043
| |
| 2050
| | |
| |2053
|2053 |
| 2059
| | |
References
{{reflist}}