The Pomp Podcast #1401 Anthony Pompliano | Invest Like A Millionaire In A Recession
Aug 31, 2024
Discover insightful reflections on the past 15 years of economic trends and how the global financial crisis shaped today’s market. Learn about the Federal Reserve's strategies, including interest rate cuts and quantitative easing. Get practical investment tips tailored for navigating shifts in fiscal and monetary policies. Understand the importance of adapting your financial strategies and maintaining a long-term perspective, especially as we approach another recession.
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QE Playbook
- The 2008 financial crisis prompted the Federal Reserve to cut interest rates and bail out the economy.
- These actions created a playbook of quantitative easing (QE) used in subsequent crises.
QE's Impact
- The Federal Reserve's QE playbook involves suppressing interest rates and printing money.
- This strategy was employed during the Global Financial Crisis and the COVID-19 pandemic, inflating asset prices.
Fed's Ammunition
- The Federal Reserve now has the ammunition to combat a market slowdown via rate cuts and asset purchases.
- This could lead to further asset price increases, making long-term investment in financial assets preferable to holding cash.