Postcards Weekly: Take the Over

There is so much new money coming to this economy in 2025 that it's going to make your head spin (and push us back to record levels for the S&P 500). ͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­ 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 Weekly: Take the Over]( There is so much new money coming to this economy in 2025 that it's going to make your head spin (and push us back to record levels for the S&P 500). [Garrett {NAME}](floridarepublic) Nov 3 floridarepublic   [READ IN APP](   Dear Fellow Expat: The S&P 500 continues its charge toward 6,000. And if you want to understand just where we sit in this insanity… Consider that 25 companies in the S&P 100 are trading above 50x earnings. And there are ZERO out of those 100 companies trading UNDER 10x earnings. This is when the perma-bears start roaring, and expectations for a market crash in 2025 become the talk of financial publishing. But what if I went out of my way to not only increase my projection for 2025 above 6,250… (I’m starting to eye the 6,500 level for the end of next year). But also tell you to watch all the Wall Street banks. Whatever the consensus is for 2025, let me give you two words that mean you’ll need to take over. Quantitative Easing. The signs are clear, dear friends, that the Fed is set to unleash its sixth wave of stimulus within the next three quarters. This week, I’ll discuss the coming wave and the justification for doing so. [Be sure to sign up for our daily emails at Finpub.]( It’ll be a hell of a year for the regional and Too Big To Fail banking world… Stay tuned… --------------------------------------------------------------- The Never Ending Bailout (November 1) If you want a preview of what I’ll discuss this week… Learn all about Quantitative Easing, why it’s so important… and what it means for you. [Read the Story Here.]( --------------------------------------------------------------- The Only Market Lesson You Need (10/31) How does the global system work? Well, debt pays for the world of tomorrow, but liquidity (which is necessary to refinance debt) is cyclical. This creates a system of boom and bust cycles that have defined the last 31 years of finance. When markets see higher rates, it impacts borrowing collateral and leverage. If you don’t understand this… you’re a sitting duck. [Read the Story Here]( --------------------------------------------------------------- Clues to the Fed's New Mandate... And What to Buy (10/30) This week, the central bank meets to discuss another rate cut and the status of the economy. But the real concern - the Fed might just adopt a higher inflation target while dealing with ongoing macro concerns. It’s starting to feel like October 2022 in England all over again. The prospect of higher inflation and more QE on the horizon. You’d better adjust your portfolio accordingly. [Read the Story Here]( --------------------------------------------------------------- Questions from a Central Bank Skeptic (10/29) Need to understand what the Fed does? That is the point of our conversation on Tuesday. I’m hammering home my questions about the Fed, so there are no surprises when the market surprises investors in the coming year. Only 7% of Americans understand the Fed’s mandate. But ahead of this week’s meeting, we're revealing what the central bank really does. [Read the Story Here]( --------------------------------------------------------------- Teach Anyone Under 45 These Five Things (10/28) To be 23 years younger. How I’d have invested differently. You need to read this piece if you’re focused on the long-term and want to understand the short-term fluctuations. We’re diving into five secrets to help any generation build real wealth. The best part… it doesn’t matter who wins the election this week. [Read the Story Here]( --------------------------------------------------------------- The Week Ahead The last three months have seen sharp reversals. We had a Japan-fueled selloff and a China-fueled selloff, and now it appears we’re facing renewed concerns about U.S. debt levels. We haven’t had a pronounced implosion in the repo markets yet, but it feels as though that could hit at some point in the next few months. That said, there’s a wall of about $600 billion coming to the U.S. economy from how the government alters its accounting and manages its cash. Yeah… that’s quite a “stimulus.” And it will have a huge impact on your portfolio (in a positive way). If you want to know more… stick with us here in the Republic. 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]()