Predicting the Future: Business Cycles and Economic Indicators

In this episode of BIF Bites, Jerry and Adam sit down to talk about business cycles and economic indicators. Here's what they cover: 

  • Four phases of the business cycles
  • How business cycles impact the economy
  • Types of economic indicators
  • The metrics that signal coming economic shifts
  • The metrics that confirm trends after the fact

 

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Training for CFP® Exam day.

BIF’s Exam Prep course progresses students through 3 levels of understanding. For each topic, we provide our students with a first step, then a second, and finally a third. Hal doesn't expect you to run 20 miles on week 1 and we don't expect you to answer marathon-level questions on day 1. Instead, we build your understanding (and your confidence) over time to the appropriate level to achieve success on Exam day. Here are BIF’s levels of understanding:

  1. REMEMBER - Master the basics. Establish your knowledge base and set the foundation.
  2. APPLY - Apply knowledge to simple situations. Cross the bridge from theory to application within 1 exam topic.
  3. SYNTHESIZE - Apply knowledge to complex situations. Fully understand how multiple exam topics work together.

Hal is right. Motivation remains key. BIF's Exam Prep course provides the motivation to continue and never quit by progressing through topics the right way. The motivation to begin comes from you. Are you ready?

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