ETMarkets.com(You can now subscribe to our(You can now subscribe to our ETMarkets WhatsApp channel"Market cycles are like waves . "– Howard MarksIn the complex world of economics, business cycles are the rhythmic heartbeat of market economies, characterized by periodic expansions and contractions that shape financial landscapes and investment strategies. For savvy investors and business leaders, understanding these cycles is not just academic—it's a critical tool for strategic decision-making.Business and economic cycles are intricately layered phenomena, where the broader economic landscape does not always dictate the trajectory of individual industries. While the market as a whole follows a general cyclical pattern of expansion, peak, contraction, and trough, specific industries can operate on distinctly different rhythms. The key lies in distinguishing between temporary market disturbances and fundamental industry transformations.
Source: Economic Times November 24, 2024 06:10 UTC