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Eric Hobsbawm, historian and author of The Age of Extremes The present ultra-free market phase of capitalism has been in crisis for some time, but until today this was not evident in the advanced western economies.
A study by Adam Slater of the Oxford Economics consultancy has shown that the value of Britain's exports to the EU "grew considerably more slowly from 1993 to 2015 (4% per year) than in the pre-single market phase of the UK's EU membership (16% per year) and also more slowly than in the 1950-1972 period before the UK joined the EU (8%)".
That threat is not lost on the global elite gathering in Davos, where the fear is that phase one of the global financial crisis was caused by the US housing market, phase two was caused by the eurozone and phase three will now be a meltdown in China.
All approaches distinguish between the origins of the market phase.
We tend to forget about them during the bear market phase.
Their quest for liquidity in the commodity sphere has thrown most commodities into a bull market phase.
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The theory on market phases can be extended with the stages of product development before introduction: (pre- development.
Furthermore, as the concept drift phenomenon is common in the stock market, an exploratory concept drift analysis is conducted on the trading rules discovered in bear and bull market phases.
We start with an empirical analysis of the statistical properties of daily data from the world's major Stock Exchanges, comparing the behavior of different market phases characterized by different trading protocols.
With regard to mutual funds, pay attention to analyses such as you find in the Forbes ratings, which systematically discount exaggerated results in one market period and seek to measure consistency of results over many market phases rather than simple straight-line performance.
eliminating the mandate that forced people to buy health insurance in favor of tax credits to incentivize buying into the market phasing out Obamacare's Medicaid expansion allowing insurance companies to charge the elderly up to five times more than the young.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com