Business Cycle Approach to Equity Sector Investing

We believe understanding the various phases of the business cycle is a major key to successful investing.  Being aware of which phase the economy is currently in and paying attention to the key indicators is deeply ingrained in our investment process.

Fidelity’s article (below) states “The business cycle, which reflects the fluctuations of activity in an economy, can be a critical determinant of equity sector performance over the intermediate term.”