Peter St. Onge
๐ค SpeakerAppearances Over Time
Podcast Appearances
Although literally it types it on a spreadsheet.
It says one zero zero zero zero.
And it says this is money and it goes out and buy stuff.
All right.
So you look for liquidity coming in through that.
If you look at the U.S.
economy right now, you would look at liquidity coming in from other countries building factories here.
That's going to be a big boost.
It's just starting now.
So anyway, you look at money flows and sort of the granddaddy of those money flows is the Federal Reserve.
To the point, a lot of people have commented on the fact that when you get bad economic news, the market does well.
And then when you get good economic news,
the market tends to go down.
You saw this during the government shutdown.
So government shutdowns historically, they're very destructive for GDP.
I love them because I keep hoping that they'll go all the way and just get rid of the government for good.
But they are bad for GDP.
And what's interesting is that in this most recent government shutdown we had, stocks loved it.
Stocks were off the charts.
They were swimming in.