I break the market cycle down into four stages of Transition, Early, Middle, and Late.Effective Federal Funds Rate data by YChartsI want to keep this really basic and just sketch out http://Ksecondo.org/userprofile/tabid/1351/userid/ 7576144/default.aspx roughly what I'm talking about with regard to market cycles.
Given that we increasingly have a credit driven economy, using the Fed Funds Rate is a good way to hopefully illustrate my basic point that having a rough idea of where we are in the market cycle is not impossible.

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