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Yet financial cycles can go largely undetected.
The portfolio manager said she had weathered some tough financial cycles, "but this one has been uniquely disabling".
Following these items are discussions pertaining to the generation of cash and profit and the financial cycles of a business.
Economies can succumb to long "financial cycles", according to Claudio Borio and his colleagues at the Bank for International Settlements.
These trades will be profitable for the Treasury and they have the potential to smooth out the financial cycles that are the consequence of financial market irrationality.
These cheerleaders, in turn, generate financial cycles by letting our financial system grow too fast, with far too little capital for the risks it takes.
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The model shows FVA in banks to be an accelerator that amplifies the financial cycle upswing.
This combination means that the financial cycle produces sustained booms and deep downturns.
And it calls for significant adjustments to macroeconomic policies.What is this "financial cycle"?
Ms Rey reckons that these movements are indicators of a global financial cycle.
Instead of going from peak to trough every 5-7 years, the financial cycle can take decades.
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