It's called an economic cycle and most of us loved the idea until about September 2007.
I believe the European market is simply going through an economic cycle.
But one traditional effect of the economic cycle has returned.
A. We don't see any signs the economic cycle is coming to an end.
And the economic cycles are in different stages as well.
We think we've gone through the peak of the current economic cycle.
Yet sometimes the economic cycle works the other way around.
A. It's true in all companies that an economic cycle can have an impact.
"So I began to read books about the market and to find out how the whole economic cycle worked."
Taxes must not be raised still further, especially at a low point in the economic cycle.