As an investment analyst at a wealth management firm, you are tasked with preparing a report on the current stage of the bu\siness cycle and its implications for investment strategy. The economy is exhibiting signs of expansion, characterized by increa\sing GDP growth, ri\sing consumer confidence, and improving employment rates.
Based on these economic indicators, discuss the potential investment strategies for various asset classes (equities, fixed income, and alternative investments) during this phase of the bu\siness cycle. Additionally, consider factors such as interest rates, inflation, and market sentiment that might influence these strategies.