Question: Question 2 21) What is distinction between Top-down vs Bottom Up approach to fundamental analysis? b) Assume that you currently allocated your investment into Health

 Question 2 21) What is distinction between Top-down vs Bottom Up

Question 2 21) What is distinction between Top-down vs Bottom Up approach to fundamental analysis? b) Assume that you currently allocated your investment into Health Care sector and Automobile sector. What will happen to your portfolio performance if the economy undergoes contraction and what will happen to the performance of your allocation in the sector identified if the economy is in a good shape and why? c) Describe the distinction between cyclical industry and defensive industry with examples. d) Describe the possible relationship between GDP growth and stock market performance with examples

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