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Assume you are a fund manager of a stock portfolio. Based on recent economy condition, identify the current stage of business cycle (peak, contraction, trough,

Assume you are a fund manager of a stock portfolio. Based on recent economy condition, identify the current stage of business cycle (peak, contraction, trough, recovery, expansion). Explain your answer with the following supporting points:

Recent economic issues

Government Fiscal and Monetary Policy

Employment market

Inflation

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