5
Concepts
0
Formulas
1
Decisions
3
Quiz Questions
5 concepts covered in this module.
Expansion (trough to peak), Peak, Contraction/Recession (peak to trough), Trough. GDP growth fluctuates around trend.
Expansion: easy credit, rising asset prices. Contraction: tightening, deleveraging. Credit cycles amplify business cycles.
Signal future economic activity: stock prices, building permits, ISM new orders, yield curve slope, consumer expectations.
Move with the economy: industrial production, employment, personal income, manufacturing sales.
Follow the economy: unemployment rate, CPI, prime rate, average duration of unemployment, inventory/sales ratio.
1 decision frameworks to guide your analysis.
Visual overview of how concepts connect in this module.
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Business Cycle Phases
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