
Technical | Analysis page 199 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf
170 Part Il_ Markets and Market Indicators Four-Year or Presidential Cycle Wesley C. Mitchell (1874-1948), economics professor and one of the founders of the National Bureau of Economic Research (NBER), was the originator of the 40-month cycle theory. He empirically discovered that the U.S. economy…