The 28-Year Cycle in the U.S. Stock Market. This dominant time cycle was the driving force behind the last two secular "lost decades" in equities: The stagflationary 1970s The Dot-Com / GFC crash of the early 2000s As mapped below, the S&P 500 is fast approaching the cliff of another major down-phase. Time is running out for this macro expansion. Note: this cycle is not for market timing, but for long-term picture.
Published May 25, 2026Updated May 25, 20262 min read
The 28-Year Cycle in the U.S. Stock Market. This dominant time cycle was the driving force behind the last two secular "lost decades" in equities: The stagflationary 1970s The Dot-Com / GFC crash of the early 2000s As mapped below, the S&P 500 is fast approaching the cliff of another major down-phase. Time is running out for this macro expansion. Note: this cycle is not for market timing, but for long-term picture.
