Based on the above data from the US government ( legitimate ok...dont pray pray), for the latest time horizon, from 1945 -2001, there were 10 cycles. The average duration from Peak to Trough is 10 months while the average Trough to Peak is 57 months. This is summarised by our cheap artist below:
This means that downturns are fast and furious and upturns are relatively slower. And what does this mean again...my friends... ( Darn Citigroup best man...their commercial has really captured our mind day and night...cannot get the words out of our head!!) But then again..this is unprecedented....yeah!