Understanding the Business Cycle

It's Personal Finance Canada

What goes up can only go higher - you have no power here laws of thermodynamics! This week we talk about the classic business cycle and show how the stages of Recovery, Expansion, Slowdown, Contraction are unavoidable yet predictable. Find out where we are not in the cycle, what to look out for and how to thrive in these regular seasons of transition, prosperity and doom. If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com Keep the conversation going on our Facebook Page and Group: https://www.facebook.com/itspersonalfinancecanada Useful Resources: The Conference Board “Business Cycle Indicators Handbook” https://www.conference-board.org/pdf_free/economics/bci/BCI-Handbook.pdf The Conference Board Leading Indicators Description of Components: https://www.conference-board.org/data/bci/index.cfm?id=2160 Bank of Canada Indicators of financial vulnerabilities: https://www.bankofcanada.ca/rates/indicators/indicators-of-financial-vulnerabilities/ OCED Main Economic Indicators (Canada on Page 82): https://read.oecd-ilibrary.org/economics/main-economic-indicators/volume-2023/issue-12_ded67b87-en#page82