The growing discrepancy between manufacturing and services is an odd cocktail from a historical perspective. Andreas Steno Larsen joins Ash Bennington to update viewers on where we are in the business cycle and how to make sense of these unusual trends. To view and download Andreas's charts, click here: https://rvtv.io/45fGG6z You can watch the entire Academy Sessions Business Cycle here: Part 1 — https://www.realvision.com/shows/academy-sessions/videos/the-importance-of-the-business-cycle-part-1-0agK Part 2 —https://www.realvision.com/shows/academy-sessions/videos/measuring-the-business-cycle-part-2-24e7 Part 3 — https://www.realvision.com/shows/academy-sessions/videos/asset-allocation-across-the-business-cycle-part-3-pqDa