How do you weather the ups and downs of the business cycle?
The business cycle is the term used to describe the expanding and contracting pattern of the U.S. economy.
According to Fred Hubler, from Creative Capital Wealth Management Group (CCWMG), “Up until the 1800’s it was thought that only external forces, like wars and plagues, were responsible for economic swings. But in 1819, a French economist named Jean Sismondi, proposed the idea that economies go in cycles based on production and consumption.”
Click on the image below to see the video shared by Fred Hubler with CCWMG, which explains how these cycles happen and what it could mean for your investment decisions.
Or click here to see the video.
To learn more about Fred Hubler from CCWMG, or to request a financial planning consultation, click here.