The defining characteristic of mid-cycle is the withdrawal of monetary policy stimulus. Volatility rises during the period of transition, with equity returns being more modest during this phase, mirroring earnings growth.
Hitting a 52-week high signals a stock’s peak performance over the past year, offering traders and investors crucial information for decision-making.
Berkshire Hathaway’s Vice Chairman Ajit Jain has sold more than half of his stake in the company, garnering $139 million, according to a media report.
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