Dr. Richard Smith, FSC Chairman

A Note from the Chairman: Live in '25 Recap


Dear FSC Friends,

Last week’s conference in New York City was nothing short of historic. For three days, over a hundred passionate cycles analysts, market veterans, and curious minds came together in an unprecedented gathering. It was the largest in-person event the Foundation for the Study of Cycles has hosted in decades – and the energy was electric.

Live in '25 Group Shot

We heard from true legends: Peter Eliades, Larry Williams, Sherman McClellan, Jake Bernstein, Bill Sarubbi, and many more. The depth and breadth of insights shared affirmed just how alive and essential cycles analysis remains – not just for markets, but for understanding the rhythms of the world itself.

What struck me most wasn’t just the brilliance of the presentations, but the sense of long-overdue reunion. It felt like a dam had broken – cycles people from all walks of life were eager to speak, share, and connect after years of isolation.

The enthusiasm for the FSC was overwhelming, and it’s clear that the Foundation’s work is resonating more than ever. New technologies, fresh collaborations (including with Tom Kehler and CrowdSmart), and a renewed commitment to long-term fundamental data are positioning the Foundation at the leading edge of the next wave of cycles research. The future has never looked brighter.

If you were there, you know the magic. If you weren’t, now is the time to plug in. Become a member, upgrade your involvement, or simply help spread the word. The Foundation is more than a repository of knowledge – it’s a living, breathing community. And together we’re building something lasting. Let’s ride the cycles ahead, not just as observers, but as active participants in shaping a more rhythmically aware future.

Time rhymes,

Dr. Richard Smith
Chairman of the Board and Executive Director


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