AWMA: Module 3 (Complete) Questions and Answers 100% Solved

AWMA: Module 3 (Complete) Questions and Answers 100% Solved Requirements of a strategy ️️-Identifiable goal -Method to attain the goal -competencies and resources to sustain the strategy Top-Down Analysis ️️This is a forecast of the economy as a whole, followed by the identification of sectors of the economy (or industries) that should logically benefit from that forecast and finally, identification of particular firms within the favored sectors or industries that stand to be market leaders Sector Rotation ️️a timing strategy that shifts portfolio assets from one sector of the economy to another in anticipation of broad-based economic developments The contrarian strategy ️️someone who acts counter to the majority; therefore, contrarians can never be the majority