Introduction:
Investing is a journey, not a sprint. Just as surely as the sun rises and sets, economies experience periods of growth and contraction, known as economic cycles. These cycles, often compared to the changing seasons, have a profound impact on investment performance across various asset classes. Understanding these cycles is crucial for investors seeking to make informed decisions and potentially enhance their long-term returns.
Whether you're a seasoned investor or just starting, grasping the cyclical nature of economies can empower you to navigate market fluctuations with greater confidence. This article delves into the different phases of economic cycles, exploring their characteristics and how they influence investment strategies.
