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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.
14:14

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Podcast summary created with Snipd AI

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.

Deep dives

AI's Impact on Business Productivity

Artificial intelligence (AI) is revolutionizing how businesses operate by enhancing productivity and accelerating decision-making across various industries. Companies that fail to adopt AI risk falling behind competitors who embrace these technological advancements. The integration of AI requires substantial computational power, which can lead to high costs when utilizing standard cloud platforms. However, Oracle Cloud Infrastructure (OCI) offers a cost-effective solution, providing up to 50% savings on compute, 70% on storage, and 80% on networking compared to other major providers.

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