On November 8, 1656 Astronomer Edmund Halley is born in London, England.
This squeaky-clean scientific prodigy was the son of a wealthy soap maker in Derbyshire England. While at St. Paul’s School, he demonstrated a knack for physics, mathematics, and astronomy. A local globe maker noted that: “if a star were displaced in the globe he would presently find it out.” The globe maker was most certainly correct, as it was Halley who predicted the return of a certain comet after seventy-five trips around the sun and had it named for him years after his death.
In a hard science like astronomy, cyclicality happens with a certain amount of precision. In the dismal science of Economics....well, not so much. Which is frustrating to those who try to time the ebbs and flows of national economies or earnings reports. Out of fashion sectors will bounce back, they will return...someday. But guessing when may not help investors all that much. Even Halley outlived his comet’s cycle. He had been dead for sixteen years when it came back.
Don't wait for history to happen...