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Here's What 9 Economic Cycle Theories Are Saying About The World Right Now
The basic business cycle can be loosely defined a series of economic expansions and contractions. But how long are these cycles and how can they be applied? We compiled nine "cycle" theories that tell us varying things about where markets and the economy are going. Some have been around for decades, others are fairly new. One is even based on sun spots. Creator: Nikolai Kondratiev (1892-1938) Duration: 50-60 years Theory: Economic growth in capitalist countries comes in long waves and are determined by technological innovations. What it predicts: Prices, interest rates, foreign trade, coal, pig iron production ... (full story)