It would be one thing if the rise in profit margins was even a mystery, but margins have remained highly cyclical (reflecting identical
cyclical movements in household and government saving), and have remained tightly related to deficits in other sectors, and must be as a consequence of economic equilbrium.
I expressed my views in this regard on WhatsApp last weekend, «Any country in which its elites consider re-electing a president like Buhari just as thousands of citizens are murdered across the country with not a single person arrested; a president who can not make an intelligent conversation on any policy or global issue with other global leaders; a president whose EFCC and DSS engage in open confrontation; a regime which crippled the economy and relies on
cyclical movements in oil prices as its sole economic lever; a regime under which 10 million jobs are lost; and key accusations against top officials are treated with levity; just as the regime appears complicit in the invasion of its senate by thugs and seizure of mace... such a country is in serious trouble, that is if it isn't doomed.
Historically there has been no similarity between
cyclical movements in GDP in Australia and Japan (Graph A3).
We can also agree, that if we manage to account for
this cyclical movement in the entire record, and the different variance structures in Glacials / Interglacials (and a bunch of other cyclical patterns), the variance structures will be more or less stable.
Not exact matches
Two key
cyclical factors have affected business investment
in Canada since the Great Recession: sharp
movements in commodity prices and the subdued pace of the US recovery.
The interaction of these two processes results
in cyclical movement of equinoxes over a period of approximately 23,000 years.
«Using statistical methods, we were able to identify a small number of basic patterns that underlie muscle activities
in the legs and control periodic activation or deactivation of muscles to produce
cyclical movements, such as those associated with walking.
In application for CrossFit athletes, we're trying to get both a strength and muscle endurance stimulus followed by a challenging interval of a
cyclical movement.
Unfortunately, things are not so simple, partly because these «
cyclical» fluctuations are embedded within a broader context of longer «secular»
movements in market valuations.
As you can see, this secular bear market was typical of most secular bear markets, such as the one from 1966 - 1982, composed of mostly vicious
cyclical bull and bear markets that result
in a mostly sideways long term
movement.
aptly describes the
cyclical loop of
movements performed by each figure, resulting
in a thought provoking and introspective space.
This time, the butterfly-esque figure symbolizing the fragile nature of the past,
in its
cyclical movement, at once thunderously disappears and at the same time is born again
in a soft glide.