Postcards: This is the Most Important "Street" in Finance

When in doubt... put your foot on the gas in this business. It's time to talk about the Federal Reserve and to start delivering additional value for our readership. ͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­ Forwarded this email? [Subscribe here]() for more You are a free subscriber to Postcards from the Florida Republic. To upgrade to paid and receive the daily Republic Risk Letter, [subscribe here](. --------------------------------------------------------------- [Postcards: This is the Most Important "Street" in Finance]( When in doubt... put your foot on the gas in this business. It's time to talk about the Federal Reserve and to start delivering additional value for our readership. [Garrett {NAME}](floridarepublic) Sep 18 floridarepublic   [READ IN APP](   Dear Fellow Expat: Scott Dunn and I are a two-person operation here at Republic Research. We jibber-jabber. We get after it. We go tit for tat. That’s the size of our team… It’s a lot of quality content from just two people. But we know how to scale. Our library is about to get a little larger. For a year, I’ve wanted to launch a publication called K Street Confidential. It’s named after the famous thoroughfare in the nation’s capital. This is where the major apparatus for lobbying and advocacy groups reside. My argument is simple: The largest Activist Investor in the world is the United States government. Whether you love the spending… or hate the spending… there’s nothing on earth with the size and shape of the Federal Budget. With this sort of insight… we just want to Follow the Money. We can track politicians' investments, lobbying dollars, and spending bills with special earmarks. We also know that the U.S. government has its own Venture Capital arm specializing in tomorrow's technologies. We can provide regular updates on these technologies, explore private-public partnerships, and look for future public breakouts like Palantir (PLTR). We can track all of this… because the money flows from K Street, home of all the lobbying shops and influencers that shape Washington. But that’s not all… Down the road… at 1850 K Street Northwest… sits today’s most vital influencer. The Federal Reserve. The U.S. Central Bank leads the charge on $350 trillion in global debt, shaping the dollar-debt-denominated system. It engages in activist elements in coordination with the Treasury Department to stimulate, control, and influence the financial system. These forces are too large not to dedicate explicit coverage to them. Both forces require greater coverage. More importantly, I know that a WAVE of money will be unleashed after the election, regardless of who controls the White House come November. We will see ample government spending on infrastructure, war, and national security… which are the big trends. And targeted spending on new energy technologies, water system development, and more micro-based projects. I want to show you who in Congress is buying the related stocks, showcase the power apparatus in Washington, and explicitly show you the clues we’re seeking to understand where money will flow based on public testimonies, government spending bills, K Street lobbying activity, and much more. Someone told me in early 2023 that they didn’t know how to sell this idea. Oddly, they pitched me a different idea. They asked me to write a letter about Activist Investing and the power players involved, such as Nelson Peltz, Bill Ackman, Dan Loeb, Starboard Value, and others. Here’s the thing. It isn’t easy to get activist investors to talk to anyone. They typically only leak information to specific publications. Guys like Nelson Peltz like to make announcements on television, where the influence is wider and instant. But there’s another major issue in activism. Who is doing it… and how long will this be a major influence that retail investors can exploit… if at all? I can’t name an activist investor today… under 45. (Christopher Hohn at UCI is 46). That’s a changing industry… Not just because of the ages but also because of who shapes markets and companies today. No one is bigger than what’s emerging out of Washington. I argue the U.S. government has taken over that part of the world; younger, influential investors have moved up the supply chain to venture capital and seed investing. Rather than shaping public companies (which is challenging and costs a lot of money), the newer, smartest guys who can influence markets either went into early-round investing, tech, or cryptocurrency. Why would younger investors bother fighting legacy boardrooms, especially when the government forces DEI, ESG, and other mandates on those same boardrooms? They’re not going to. They’ve moved on. Where We Will Succeed If we’re talking activism… we need to really talk ACTIVISM. And where it really happens. So, we’ll focus on THE MOST IMPORTANT ROAD IN FINANCE. It’s no longer Broad Street. It’s not Lombard Street. It’s not Wall Street, Fleet Street, La Défense, Rodeo Drive, Bay Street, or Dalian Road. It is… and will remain K Street. Here is where influence shapes policy… and policy drives trillions in spending annually. Plus, given that our financial markets and technology leaders still shape the world, why wouldn’t we look at where the money and power lie in plain sight? I think it’s critical that we develop this into a new publication. Scott and I will knock this out on a bi-weekly basis… for a weekend delivery. I will run the first few issues to this list at Postcards on September 29. Look for the Subject Line: “K Street: A Post-Election Surge Awaits” I hope you enjoy the insight. Stay positive, Garrett {NAME} Secretary of Finance Disclaimer Nothing in this email should be considered personalized financial advice. While we may answer your general customer questions, we are not licensed under securities laws to guide your investment situation. Do not consider any communication between you and Florida Republic employees as financial advice. Under company rules, editors and writers cannot recommend their positions. The communication in this letter is for information and educational purposes unless otherwise strictly worded as a recommendation. Model portfolios are tracked to showcase a variety of academic, fundamental, and technical tools, and insight is provided to help readers gain knowledge and experience. Readers should not trade if they cannot handle a loss and should not trade more than they can afford to lose. There are large amounts of risk in the equity markets. Consider consulting with a professional before making decisions with your money.   [Like]( [Comment]( [Restack](   © 2024 Garrett {NAME} 548 Market Street PMB 72296, San Francisco, CA 94104 [Unsubscribe]() [Get the app]( writing]()