Series 7 Exam Prep 76, Economic Indicators and Business Cycles

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - A recession is defined as two consecutive quarters of negative GDP growth. - Leading indicators, like building permits and the S&P 500, predict future economic trends. - Lagging indicators, such as the CPI and the overall unemployment rate, confirm trends that have already occurred. - During economic contractions, recommend defensive stocks (utilities, consumer staples) and high-quality bonds. - Rising inflation and interest rates typically cause the value of existing fixed-income securities to fall. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep