Importance of Predicting Market Trends

Market Trends

Market trends are similar to weather patterns that affect countries. Climate changes would affect countries that experience four seasons every few months. People would need to adapt to these changes. Market trends similarly affect the market, except that it takes years for them to change. Markets change when trends change and companies will need to adapt to these changes. Trends are not a reliable indicator of when they will change, as trends can change at any time. Companies must be able to predict when changes will occur. Companies that fail to do this will be left…

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