Know what you own: managing the pitfalls of cyclicality
The current U.S. economic expansion has just become the longest on record. This period of uninterrupted growth has driven strong market performance over the past decade but increased risks to investors. Aside from the complacency engendered by fading memories of the prior downturn, it actually gets more challenging to assess companies’ cyclical vulnerability when they […]
- August 23, 2019 January 9, 2021
- 10:01