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Off Topic - Ciclos de Kondratieff

MensagemEnviado: 5/3/2003 0:58
por Dwer
Como se tem falado muito deste ciclo económico nomeadamente pelo nosso amigo Alan G. aqui vai:

54 Year Cycle (Kondratieff Wave). Named after a Russian economist, the Kondratieff Wave is a long-term, 54-year cycle identified in prices and economic activity. Since the cycle is extremely long-term, it has only repeated itself three times in the stock market.

The up-wave is characterized by rising prices, a growing economy, and mildly bullish stock markets. The plateau is characterized by stable prices, peak economic capacity, and strong bullish stock markets. The down-wave is characterized by falling prices, severe bear markets, and often by a major war.

The following chart of the Kondratieff Wave (from The Media General Financial Weekly, June 3, 1974) shows the Kondratieff Wave and U.S. Wholesale prices.

(em attachement)