Stock Market Cycle
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ECONOMICS
Financial Markets
Stock Market Cycle
Investor psychology often shapes market cycles more than economic fundamentals
9 days ago
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Why do many economists doubt the existence of predictable stock market cycles?
Because the efficient-market hypothesis states that all available information is already reflected in stock prices, making systematic prediction impossible.
Because stock market cycles only occur during political leadership changes.
Because stock market cycles always follow a fixed, repeating pattern.
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