5min chapter

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#56: Joseph Wang On How The Fed Forever Altered The Investing Landscape

Superinvestors and the Art of Worldly Wisdom

CHAPTER

The Trends in Monetary and Fiscal Policy Over the Last 15 Years Since the Financial Crisis

Jesselyn Ifill: I started out in finance as kind of a diehard value investor. But it didn't take me long to realize that macro and monetary policy plays such a huge role in the markets, she says. Over the past decade, at least, asset prices are mostly driven by these macro events, Andrés Navarrette says. The biggest drivers of asset prices have been official sector actions, like you mentioned, he adds.

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