A supercycle is a long-term economic growth cycle that lifts all economies simultaneously, driving both bond yields and commodity prices higher, Bloomberg reports. If the world is indeed entering a supercycle – and economists are divided on the subject – it would be only the third time since the Industrial Revolution at the end of the 18th century. The first supercycle occurred during the four decades before the First World War. The second took place in the three decades following the Second World War.
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