- CFA Exams
- CFA Exam: Level II 2021
- Study Session 17. Portfolio Management (2)
- Reading 46. Economics and Investment Markets
- Subject 5. Equities and the Equity Risk Premium
CFA Practice Question
The reading indicates that corporate profitability is considered by some analysts to be an important ______ indicator of the business cycle.
B. trailing
C. synchronizing
A. leading
B. trailing
C. synchronizing
Correct Answer: A
User Contributed Comments 0
You need to log in first to add your comment.