It has been argued that trends in the stock market predict recessions. Use data to illustrate to what extent the above statement is true or false applying the Egyptian case. Identify the business cycle peaks and troughs. Do you find the stock market to be

It has been argued that trends in the stock market predict recessions. Use data to illustrate to what extent the above statement is true or false applying the Egyptian case. Identify the business cycle peaks and troughs. Do you find the stock market to be