That cycle is turning now, back toward the west, with Paris Bar an important beneficiary.
The cycle is turning, Ms. Solomon said, but it has not happened yet.
"You can make a pretty good case that the insurance cycle is turning in a more positive direction," Mr. Cliggott said.
Corporate America's profits have had a good run in recent years, but they are cyclical phenomena and the cycle is turning.
"Any hope that the manufacturing cycle is turning rapidly in the euro area is dashed by today's numbers," Stella Wang, an analyst in London for Nomura, wrote in a note.
"While losses remained elevated during the quarter as expected, a more favorable economic outlook and improved credit statistics in several portfolios further increase our confidence that our credit cycle is turning, provided economic conditions do not deteriorate," Mike Loughlin, Wells Fargo's chief risk officer, said in a statement.
While losses remained elevated during the quarter as expected, a more favorable economic outlook and improved credit statistics in several portfolios further increase our confidence that our credit cycle is turning, said the bank's chief credit and risk officer, Michael J. Loughlin Michael J. Loughlin.
While losses remained elevated during the quarter as expected, a more favorable economic outlook and improved credit statistics in several portfolios further increase our confidence that our credit cycle is turning, said Michael J. Loughlin Michael J. Loughlin, the bank's chief credit and risk officer.
Management of the business cycle was turned over almost exclusively to the Federal Reserve, operating through monetary policy.
For this reason, some enzymes of the Calvin-Benson cycle are "turned off" (i.e., become inactive) in the dark.
