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.
