Masters in Business
Jeff Hirsch on Why Big Federal Spending Plus Inflation = “Superbooms”
Feb 19, 2025
Jeff Hirsch, Editor of the Stock Trader’s Almanac and author of 'Super Boom,' delves into the intriguing concept of 'superbooms' driven by federal spending and inflation. He highlights historical examples where wars and government expenditures sparked economic surges. Hirsch discusses how recent fiscal measures post-COVID, like the CARES Act, can mirror past superbooms, suggesting a similar bullish market trend today. He provides insights into long-term investment strategies that capitalize on this unique economic environment shaped by technological innovation and governmental policies.
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Quick takeaways
- Government spending during crises, like wars or pandemics, historically drives market booms through increased cash flow into the economy.
- The rise of AI and technology presents significant investment opportunities, comparable to the early internet era, prompting long-term growth in various sectors.
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