Go to the Web site of the Federal Reserve Bank of St. Louis (FRED) (research. stlouisfed.org/fred2/) and

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Go to the Web site of the Federal Reserve Bank of St. Louis (FRED) (research. stlouisfed.org/fred2/) and download and graph the data series for the Nasdaq Composite Index from February 1971 until the most recent day available. Go to the Web site of the National Bureau of Economic Research (nber. org) and find the dates for business cycle peaks and troughs (the period between a business cycle peak and trough is a recession). Describe how stock prices move just before, during, and just after a recession. Is the pattern the same across recessions?
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Economics

ISBN: 978-0134106243

6th edition

Authors: R. Glenn Hubbard

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