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You are a stock market investor and you have collected the following recent economic indicators: KLCI Index decreased from 1,485 points to 1448 points from

You are a stock market investor and you have collected the following recent economic indicators: KLCI Index decreased from 1,485 points to 1448 points from January 2023 to November 2023. Three-year Malaysia Government Securities (MGS) yield is 3.54% while Ten-year Malaysia Government Securities (MGS) yield is 4% as of 20 November 2023. Average consumer expectations for business and economic conditions started to be pessimistic. Required: Based on the information above, discuss your market expectation and identify the expected stage of the business cycle that has the above characteristics

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