Many business failures are blamed on entrepreneurs but, in reality, they are the result of companies being founded or expanded during the boom portion of the trade cycle.
Traditionally firms have taken post-trade data feeds without reconciling those with the pre-trade lines and have, therefore, been limited in terms of the transparency of the trade cycle.
Important to understanding the underlying premises behind the theory of the trade cycle is the recognition of the relationship between the supply of money and the rate of interest.
Motor carriers that extended trade cycles during the recession are awakening to a harsh reality as they begin to look at rejuvenating their aging fleets.