15 lines
1.2 KiB
JSON
15 lines
1.2 KiB
JSON
{
|
|
"HubID": "4088",
|
|
"Date": "3/14/2024",
|
|
"HubTags": [
|
|
"External Platform Posts",
|
|
"Future Map Forward Guidance",
|
|
"Future Map"
|
|
],
|
|
"Contacts": "",
|
|
"Companies": "",
|
|
"File": "",
|
|
"Image": "4088__Image_URL.jpg",
|
|
"Summary": "<p>This chart caught my eye and speaks a lot, as it provides guidance into future consumer spending.</p><p>Money market funds assets are at an all-time high. Higher rates that we have now allow people to earn a decent low risk return.<br /></p><p>But when rates start to fall (really hard to tell but maybe later this year the Fed will start dropping), that will probably unleash a move away from money market funds into riskier assets, meaning liquidity goes up, which will pump equity markets, pump investments, pump consumer spending because equity markets are doing well, and pump tax receipts. Inflation will turn up as well, but the Fed will accept a new higher normal.<br /></p><p>Since the 2008 GFC, liquidity in the form of cash (printed by the Federal Reserve and distributed by the federal government through many spending programs) is the main driver of all economic activity. We keep an eye on liquidity to see where things go.<span></span><br /></p>",
|
|
"Notes": ""
|
|
} |