Monetary Policy Loses Its Luster in the ‘New Abnormal’

The video discusses the transition from monetary to fiscal policy, termed the 'new abnormal.' It highlights the limitations of monetary policy and the need for fiscal reforms, such as tax and infrastructure spending. The discussion extends to global economic shifts, particularly in the US and Europe, and the impact on international institutions like the IMF. The video also explores market reactions, investment strategies, and the potential for volatility in this uncertain economic environment.

What role do international institutions play in the context of the new abnormal?

What are the potential risks associated with the current market conditions as described?

How should investors position themselves in light of the expected economic changes?