Historical performance of different asset classes (among stock, bonds) during different periods of stock market cycles.

Abstract

This thesis was carried out as the final assignment of the Master of Business Administration Program at University of Agder, in the Faculty of Economics and Social Sciences. The subject of the thesis is the relative performance of different asset classes during different phases of the rhythmic cycles. Different phases of the stock market cycle have been searched for and analyzed. The historical experience is used to make the analysis.