3min chapter

The Compound and Friends cover image

The Most Powerful Man in Washington Stays Put, How to Buy a Correction (with Tony Dwyer)

The Compound and Friends

CHAPTER

The Stock Market Is Up a Median 4.4% but It's the Same in Reverse

The proclivities of a president are not going to be the driving force for the long run returns of stocks. The Fed Chair Jerome Powell has been clear that it's not raising rates for the foreseeable future due to disinflationary pressures, which suggests the positive impact the Fed has had on money available to fund future growth should remain in place.

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