---
title: Jeff Weniger went through all the cycles back to 1974.
description: "In the 12 months after the first rate cut, Consumer Discretionary went on to beat the market in 75% of the observations. Poor performers included Energy and Utilities, which beat the market in only 17% and 25% of the 12-month windows, respectively.\n\nSource: Jeff Weniger"
---

[Syz The Moment](https://blog.syzgroup.com/syz-the-moment)

# [Jeff Weniger went through all the cycles back to 1974.](https://blog.syzgroup.com/syz-the-moment/jeff-weniger-went-through-all-the-cycles-back-to-1974)

 Written by [Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/syz-the-moment/author/charles-henry-monchau) | Sep 26, 2025, 1:44:45 PM

[View full post](https://blog.syzgroup.com/syz-the-moment/jeff-weniger-went-through-all-the-cycles-back-to-1974)

```json
{
  "@context" : "http://schema.org",
  "@type" : "BlogPosting",
  "author" : {
    "@type" : "Person",
    "name" : "Charles-Henry Monchau, CFA, CMT, CAIA"
  },
  "dateModified" : "2025-09-26T13:44:45.715Z",
  "datePublished" : "2025-09-26T13:44:45Z",
  "headline" : "Jeff Weniger went through all the cycles back to 1974.",
  "image" : {
    "@type" : "ImageObject",
    "height" : 357,
    "url" : "https://25733253.fs1.hubspotusercontent-eu1.net/hubfs/25733253/12-Sep-26-2025-01-44-29-8364-PM.jpg",
    "width" : 800
  },
  "mainEntityOfPage" : "https://blog.syzgroup.com/syz-the-moment/jeff-weniger-went-through-all-the-cycles-back-to-1974",
  "publisher" : {
    "@type" : "Organization",
    "logo" : {
      "@type" : "ImageObject",
      "height" : 60,
      "url" : "/hs/hsstatic/content_shared_assets/static-1.4092/img/default-amp-logo.png",
      "width" : 60
    },
    "name" : "Syz The Moment"
  }
}
```