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Understanding the economy requires recognizing the predictable sequence of the Business Cycle, which is critical for long-term investment strategies. Read the full article here.
The median age of a first-time homebuyer has jumped from 28 years old in 1991 to 38 in 2024. Next Big Things in Tech ... they’re talking about short-term fluctuations driven by the business cycle.
The life-cycle hypothesis, developed in the 1950s, posits that people tend to maintain a consistent spending level over their lifetimes. Criticisms have been leveled against the LCH.