Investment: Can a 150-year-old chart predict stock market prices?
From the Handelsblatt archive: A curve from the 19th century predicts market developments with astonishing precision. For 2026, it recommends selling stocks. How reliable this really is.
A graph from the 1870s, known as "Periods when to make Money", claims to predict stock market cycles and advise on when to buy or sell assets. Despite seemingly accurate predictions, such as the 1929 crash and the 2020 coronavirus shock, Professor Andreas Hackethal from the Leibniz-Institute for Financial Market Research SAFE says it is based on astrology, not economics.
Hackethal argues that the graph's apparent accuracy is due to chance, and that market timing does not work, as only a few key days drive returns. He advises investors to diversify and ride out setbacks rather than trying to predict market fluctuations. The graph reportedly advises selling assets in 2026.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
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