You’ve heard of Kondratiev waves – now meet the Frisby flux, the pound's eight-year cycle

Dominic Frisby thinks he’s found an eight-year cycle in the pound, which he’s dubbed the ‘Frisby Flux’. Here’s what it is, what it means, and how to trade it.

As soon as the word cycles' comes up in investing, I breathe out and try and erect a defensive mental wall.

I want as little of that stuff as possible getting into my head. I think I've heard more of the proverbial spouted about cycles than anything else.

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Dominic Frisby

Dominic Frisby (“mercurially witty” – the Spectator) is as far as we know the world’s only financial writer and comedian. He is the author of the popular newsletter the Flying Frisby and is MoneyWeek’s main commentator on gold, commodities, currencies and cryptocurrencies. He has also taken several of his shows to the Edinburgh Festival Fringe.

His books are Daylight Robbery - How Tax Changed our Past and Will Shape our Future; Bitcoin: the Future of Money? and Life After the State - Why We Don't Need Government

Dominic was educated at St Paul's School, Manchester University and the Webber-Douglas Academy Of Dramatic Art. You can follow him on X @dominicfrisby