Archive for March, 2021

Monetary Stimulus Are Vital for Economic Growth & Societal Stability

March 26, 2021

This page is here for technical reasons. Please click here for the episode page.

MAKE SURE YOU ARE INVESTED IN SOME BENEFICIARIES OF AN ACCELERATING ECONOMY

March 26, 2021

MAKE SURE YOU ARE INVESTED IN SOME BENEFICIARIES OF AN ACCELERATING ECONOMY

Laggards of last decade coming to life

  • Value stocks should outperform growth
  • Small-caps should outpace large companies
  • International stocks, particularly in emerging markets should lead domestic

Watch the related WEALTHTRACK episode.

McCULLEY – POST PANDEMIC WISH

March 26, 2021

POST PANDEMIC WISH

Paul McCulley shares what’s at the top of his post-pandemic wish list.

Watch the related WEALTHTRACK episode.

FINANCIAL THOUGHT LEADER PAUL MCCULLEY SAYS BOTH FISCAL & MONETARY HELICOPTER MONEY ARE ESSENTIAL

March 26, 2021

When a fringe economic theory goes mainstream and is actually implemented by policymakers you better pay attention. The once-fringe theory in question is called Modern Monetary Theory, or MMT for short.

The assumption behind MMT is that massive government spending helps the economy grow to its full potential, including full employment, and also finance major programs like universal healthcare, free college tuition, and green energy initiatives. Sound familiar?

What about the burgeoning federal debt? Not an issue according to Federal Reserve Chairman Jerome Powell. In an interview on National Public Radio this week Powell said: “Given the low level of interest rates, there’s no issue about the United States being able to service its debt at this time or in the foreseeable future.”

Enter today’s guest, Paul McCulley, who wrote an academic paperback in 2013 titled: “Helicopter Money, Or How I Stopped Worrying and Love Fiscal-Monetary Cooperation.”
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Cyclical & Value Stocks Shift is Durable

March 19, 2021

This page is here for technical reasons. Please click here for the episode page.

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