The SP500 through out a century in defined cycles...

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The XX century has a well defined two master cycles:
A) The Industrialisation one conformed with 2 subCycles of 26 years (312 months) finished with the consolidation of International organisations at political and economical fields.
B) The Consumption Cycle, conformed with 2 apparent subCycles of 33 Years (396 Months), with World Bank policies and FIAT paper money as aggregate demand vehicle.

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