2025
From Business Cycle Indicators to Asset Rotation: A Quantitative Strategy to Avoid Bear Markets
In the field of investment, the "business cycle" has always been an important reference point. Fluctuations in the overall economy, corporate earnings, and market sentiment all show distinct characteristics during different stages of the cycle. Therefore, being able to grasp the movements of the business cycle can help investors more accurately adjust their asset allocations and gain a relative advantage in the market.