Explore how long typical boom and bust cycles last, their impact, and economic trends in U.S. business cycles.

A trough, in economic terms, can refer to a stage in the business cycle where activity is bottoming, or where prices are bottoming, before a rise.

Investors should buy risky stocks as the market shows signs of entering the early cycle of an expansion, said Bank of America. The bank double-upgraded consumer discretionary stocks and downgraded ...