Monday, January 9, 2012

Juglar & Kitchen vs DJI

UBS created an interesting chart using the Juglar cycle, Kitchin cycle, and Dow Jones Industrial Average. According to Wikipedia: The Kitchin cycle is a short business cycle of about 40 months discovered in the 1920s by Joseph Kitchin. The Juglar cycle is a fixed investment cycle of 7 to 11 years identified in 1862 by Clement Juglar.