Do you know how to spot if we're in a recession?
We're back from a little break in our cycle, and speaking of cycles, in episode 13, we're talking about periods of economic growth and contraction and the turning points in the economy as defined by the NBER (National Bureau of Economic Research) - a non-profit and bi-partisan, private research organization. This is called the business cycle, and it's very similar to another kind of cycle you might be familiar with...
"The business cycle is like a menstrual cycle, complex yet informative." ~Jess
It's Just A Phase
That's right, there are 4 phases of the business cycle, just like there are 4 phases of the menstrual cycle and we're going to break it down for you in this episode. Be sure to check out the Episode Equity on the Episode 13 page of the website to see Jess' super informative article and graphics to explain everything we discussed on the show.
Free Resources We Went Over:
NBER
FRED Economic Data (NBER Turning Points)
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Market MakeHer is an investing education podcast taught by a 15-year finance expert to her friend, a beginner investor. Our mission is to demystify the stock market and make financial literacy accessible to all self-directed investors! We teach complex investing topics in a different way - from "Her" perspective.
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