1. If the economy is expected to enter a period of strong growth, which of the following would be the best course of action?

A. Purchase Utility Stocks

B. Purchase Treasury Bills

C. Purchase stocks

D. Purchase bonds

2.

Which of the following sector rotations would likely occur if it is forecast that economic conditions will decline?

A. rotate from discretionary to staples

B. rotate from defensives to cyclicals

C. rotate from staples to discretionary

D. rotate from utilities to tech

3. When a industry is entering a period of rapid expansion, what is generally true of the valuation /multiple of stocks in that industry?

A. Multiples / Valuation will increase

B. Sales will likely contract

C. Multiples / Valuation will decrease

D. None of the listed answers are correct

4. Economic indicators can help us formulate our opinion about macro factors, which can help direct our investment decisions. Which of the following is true about economic indicators right now?

A. Consumer confidence is high and employment is strong

B. Employment is strong and economic growth is weakening

C. Employment is weak and economic growth is weakening

D. Retail sales are strong and inflation is minimal