The World Business Academy is a non-profit business think tank and network of business and thought leaders founded in 1986 with the mission to inspire and help business assume responsibility for the whole of society. This podcast, featuring Academy President and Founder Rinaldo Brutoco, focuses on the state of the political economy including trends we see emerging in markets and how our listeners can prepare for them.
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The Economy in a time of Coronavirus: It’s Easter and the bottom is nowhere in s
Recorded April 11, 2020 On this Holiday episode of New Business Paradigms, World Business Academy President and Founder Rinaldo Brutoco and Chief of Staff Kristy Jansen discuss the state of the U.S. economy, as well as addressing questions from interested listeners (keep them coming!). Rinaldo begins by challenging a New York Times article that discusses the stock market’s recent rise – questioning the claim that institutional optimism boosts the market artificially. Whatever lifted the markets last week, it’s still a frightening roller coaster that most regular investors would be smart to avoid. Without a view of where the bottom of the stock market decline might end, Rinaldo wouldn’t recommend going back into the market. Currently, there’s no end in sight. Getting further into the ideas around an “immunity card” program, Rinaldo also riffs on how the Federal government’s botched leadership will have lasting consequences. Among other things, it’s leading State Governors to adopt stronger leadership roles, which may have implications for mitigating climate change as well. We end the show touching on the state of the Agriculture industry.