The Year's Top Investment Books
The 17.6 Year Stock Market Cycle: Connecting the Panics of 1929, 1987, 2000 and 200, Kerry Balenthiran, Harriman House, $32.99.
This British-chartered accountant with a maths and engineering background has a knack for grasping the cyclical nature of stock market booms and busts. Balenthiran studied stock market data going back 100 years and discovered a regular 17.6 year stock market cycle consisting of increments of 2.2 years. He has also extrapolated the cycle forward to provide investors with a market roadmap stretching out to 2053.