Saturday, October 15, 2016
Wall Street cliche alert: supercycle
Morgan Stanley analyst Katy Huberty on Friday said Apple will be riding a supercycle next year thanks to its highly anticipated iPhone 8 handset. Analysts with Canaccord Genuity, Cowen, and Credit Suisse also have referenced an iPhone 8 supercycle.
This fall, other analysts have been talking about supercycles in fiber optic networking and cybersecurity software.
I’ve seen other articles refer to supercycles in commodities and financing.
I know that economists coined the term supercycle long ago, but we really shouldn’t use the term now unless we’re discussing some awesome new Harley-Davidson motorcycle.