Develop a list of procyclical assets. Under what conditions would it be wise to consider including several

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Develop a list of procyclical assets. Under what conditions would it be wise to consider including several of them in a portfolio? The market prices of stocks, property, and many commodities tend to move in a procyclical manner. Investors shift into these assets during a cyclical boom, driving prices up, and sell them off during a downturn, driving prices lower.
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Principles of Money Banking and Financial Markets

ISBN: 978-0321339195

12th edition

Authors: Lawrence S. Ritter, William L. Silber, Gregory F. Udell

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