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Cycles and Trends: History Does Not Repeat Itself, but It Does Rhyme

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Applied Financial Macroeconomics and Investment Strategy

Part of the book series: Global Financial Markets Series ((GFM))

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Abstract

The daily news shapes the public conversation and dominates media discussion of financial market and economic trends. For example, early every month, when the US Department of Labor reports the jobs growth number for the previous month, a flood of commentary attempts to judge the strength of the labor market with a myopic focus on that particular number.

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© 2015 Robert T. McGee

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McGee, R.T. (2015). Cycles and Trends: History Does Not Repeat Itself, but It Does Rhyme. In: Applied Financial Macroeconomics and Investment Strategy. Global Financial Markets Series. Palgrave Macmillan, New York. https://doi.org/10.1057/9781137401809_1

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