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TIL about Benner's Cycle - a predictive pattern created by an Ohian farmer in 1872 that tried to predict economic boom and bust cycles between 1873 and 2059
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ThePowerOfGeek lemmy.world ThePowerOfGeek@lemmy.world
Joined: 2023-06-11
Quote

For the most part the predicted market peaks and troughs are pretty accurate. This is more of a statistical analysis (using past numbers to predict future behavior) than a Nostradamus getting high and pulling predictions out of his ass.

But still, there's a degree of confirmation bias influencing the believers (and conversely instinctive skepticism affecting doubters) that come into okay.

Either way, I think it's an interesting tidbit from the past.

83   Original
affenlehrer feddit.org affenlehrer@feddit.org
Joined: 2025-03-06
#2 · Quote Reply

I think most of the models work well as long everyone believes in them and nobody tries to exploit them.

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HubertManne piefed.social HubertManne@piefed.social
Joined: 2025-03-13
#3 · Quote Reply

certainly got 2026 wrong.

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Starya67 lemmy.world starlinguk@lemmy.world
Joined: 2023-06-17
#4 · Quote Reply

The pig cycle? That's what I learned it was called.

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StillAlive piefed.world StillAlive@piefed.world
Joined: 2025-11-09
#5 · Quote Reply

certainly got 2026 wrong.

But was bang on for 2019

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HubertManne piefed.social HubertManne@piefed.social
Joined: 2025-03-13
#6 · Quote Reply

But was bang on for 2019

which it should not be able to predict given its a plague.

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Sineljora sh.itjust.works Sineljora@sh.itjust.works
Joined: 2023-06-30
#7 · Quote Reply

But was bang on for 2019

I would say the banking crisis of 2019 right before COVID counts.

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zout fedia.io zout@fedia.io
Joined: 2024-03-16
#8 · Quote Reply

certainly got 2026 wrong.

Are you sure about that? I don't really follow stock markets, but from the news I gather a lot of people are making a lot of money. Mostly from inside trading, but the cycle says nothing about ethics.

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HubertManne piefed.social HubertManne@piefed.social
Joined: 2025-03-13
#9 · Quote Reply

Are you sure about that? I don't really follow stock markets, but from the news I gather a lot of people are making a lot of money. Mostly from inside trading, but the cycle says nothing about ethics.

yeah I was kinda thinking about that. does not necessarily say healthy market.

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Lemmywinks lemmy.world icanbrewmushrooms@lemmy.world
Joined: 2026-04-07
#10 · Quote Reply

certainly got 2026 wrong.

2008 too

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