Free Trial

Safari Books Online is a digital library providing on-demand subscription access to thousands of learning resources.


  • Create BookmarkCreate Bookmark
  • Create Note or TagCreate Note or Tag
  • DownloadDownload
  • PrintPrint
Share this Page URL
Help

CHAPTER 12 - Intermarket Analysis and the Business Cycle

CHAPTER 12
Intermarket Analysis and the Business Cycle

THE FOUR-YEAR BUSINESS CYCLE

Over the past two centuries, the American economy has gone through repeated up and down cycles. Sometimes these cycles have been dramatic, such as the Great Depression of the 1930s, the runaway inflationary spiral of the 1970s, and the deflation-inspired downturn since 2000. At other times, their impact has been so muted that their occurrence has gone virtually unnoticed. Most of these cycles fit somewhere in between these two extremes and have left a trail of fairly reliable business cycle patterns that have averaged about four years in length. This means that approximately every four years the economy has experienced a period of expansion, which is followed by a contraction or slowdown. Those slowdowns usually coincide with or follow dow....presidential cycle

  

You are currently reading a PREVIEW of this book.

                                                                                        

Get instant access to over
$1 million worth of books and videos.

  

Start a Free Trial