Investors go through nine market cycles throughout their lifetime, Russell research shows

Investors go through nine market cycles throughout their lifetime, Russell research shows
By Fiona Rotherham July 29 (BusinessDesk) - An investor is likely to go through nine market upturns and downturns over their lifetime, according to research into market cycles by global asset management firm Russell Investments. Since 1926, the US stockmarket has gone through 16 market cycles, each of which has gone through the same stages – from euphoria to despondency. Despite the emotional journey for investors, the point of maximum financial risk is when the market hits euphoria at the peak of the cycle and, conversely, the point of f...