Investor Strategy Shifts Throughout Capital Market Cycles | چرخش رویکرد سرمایه‌گذاران در چرخه‌های بازار‌ سرمایه

English:
The daily turnover in capital markets amounts to billions of dollars. Buyer and seller groups operate across various segments of these markets; yet, it is evident that markets move through distinct cycles in which the overall index enters phases of growth, decline, or stagnation. It is as if a single collective mind were making decisions—acting as a seller in one period and as a buyer in another.

Many factors shape investors’ behaviour, ranging from outlooks in specific sub-industries to broader macroeconomic indicators such as a country’s economic trajectory. However, the focus of this article is on the shifts in investor sentiment across different market cycles.