The major Dollar cycle lasts around 15 years, give or take a couple. The previous cycle spanned 1992–2008, roughly 16 years. The current long-term cycle began in 2008 and is now in its 17th year. As you can see, this cycle is very mature. It seems likely that it peaked in September 2022. Given the extended length, the bottom may be reached soon, followed by a prolonged consolidation phase, similar to the early 1990s and early 2010s.
The major Dollar cycle lasts around 15 years, give or take a couple. The previous cycle spanned 1992–2008, roughly 16 years. The current long-term cycle began in 2008 and is now in its 17th year. As you can see, this cycle is very mature. It seems likely that it peaked in September 2022. Given the extended length, the bottom may be reached soon, followed by a prolonged consolidation phase, similar to the early 1990s and early 2010s.