Life Cycles
First, read the article, “Life-Cycle Hypothesis (LCH) ; https://www.investopedia.com/terms/l/life-cycle-hypothesis.asp Then, address the following scenario: You are a financial planner attempting to evaluate your investment strategy to recommend to clients. Based on your economic background, you believe the Fed is going to loosen monetary policy. Your views may not be consistent with many of your current counterparts. Based on your views, what would be your recommendations about investments in the following industries? Explain how your recommendations are influenced by industry life cycles in: 1. gold mining and 2. construction.