The term 'Bottom' refers to a support level for market prices of any type, representing the lowest point in various finance and economic contexts.
Cyclical stocks are equities that tend to fluctuate significantly with the economic cycle, experiencing high volatility with economic upturns and downturns.
A downturn refers to the shift of an economic or stock market cycle from rising to falling, indicating a move from expansion to recession or from a bull market to a bear market.
An Economic Cycle refers to the fluctuating levels of economic activity that an economy goes through over a period of time, commonly classified into phases such as expansion, peak, contraction, and trough.
The Kondratieff Cycle, also known as the Kondratieff Wave, is a theory proposed by Soviet economist Nikolai Kondratieff in the 1920s, which suggests that the economies of the Western capitalist world experience major up-and-down 'supercycles' lasting 50 to 60 years.
In economic terms, a trough signifies the lowest point in a business cycle, marking the end of a declining phase and the start of an expansion or recovery.
