Trading Justice 359: Is the Business Cycle Dead?

In this episode, Matt, Tim and Mark discuss economics and the current state of the economy.  Is the traditional business cycle dead?  Recently at the World Economic Forum, we heard commentary about the end of the old days and how Modern Monetary Theory and Policy will forge a new way into the future.  Have traditional booms and busts been replaced with a never-ending condition of low interest rates, inflation and higher asset prices?  We will discuss this idea, it's flaws, and some of the economic history that brought us to this current place in today's economy.

First, we analyze the markets and the reaction to the outbreak of the Coronavirus.  Stocks have been volatile the past week, while oil has sold off precipitously and gold has held its trend.  In the midst of it, the Fed had another policy meeting and confirmed its current interest rate and policy is here to stay in the short term.  Listen in for our breakdown of the news, price action and more.

Lastly, we play a game where Coach Mark asks us which vacation spots are the worst to travel to, according to a recent post.  We have some fun with this one, so make sure you listen through to the end.

Market Skyline 2:06

Feature: 46:50

Game: 1:48:50