Forward Guidance is sponsored by VanEck. Learn more about the VanEck Morningstar Wide MOAT ETF (MOAT) at https://vaneck.com/MOATFG.

--

This interview with George Robertson and Mel Mattison explores why deficit spending will send stocks and risky assets higher. We also discuss the true risk-free rate and the Federal Reserve’s control over the Treasury Market, nominal GDP’s relationship to interest rates, and stock market valuations that could lead to a collapse in 2027.

__

Follow George Robertson on Twitter https://x.com/BickerinBrattle

Follow Mel Mattison on Twitter https://x.com/MelMattison1

Follow VanEck on Twitter https://x.com/vaneck_us

Follow Jack Farley on Twitter https://twitter.com/JackFarley96

Follow Forward Guidance on Twitter https://twitter.com/ForwardGuidance

Follow Blockworks on Twitter https://twitter.com/Blockworks_

__

Timestamps:

00:00 Introduction

01:26 Why George Robertson Is Bullish

04:12 Are Fiscal Deficits Juicing the Economy?

05:43 Impact Of Passive Fund Flows On The Market

09:33 Unemployment And The Labor Market

13:22 Government Spending And The Economy

20:16 GDP Is Booming

21:13 VanEck Ad

26:40 The Fed Is Looking For A Reason To Cut Rates

30:47 Are Higher Rates Stimulating The Economy?

35:46 Nominal GDP And Interest Rates

52:18 How The Fed Controls The Yield Curve

56:47 Rates Are Artificially Low

01:18:05 How The Fed Manipulates Treasury Rates

01:29:15 Market Distortions Pushing Risk Assets Higher

01:34:09 Stock Market Boom, Earnings & Valuations

01:59:54 Market Bubble Will Eventually Collapse

02:03:26 Reforming Entitlement Spending

02:08:36 The US Will Solve All Problems

02:15:34 The Ticking Time Bomb Of US Debt

02:24:07 How The 2024 Election Impacts The Economy

02:30:26 Learn More About George And Mel's Work

02:32:15 Thoughts On Small Caps

__

Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Deficit Spending Will Send S&P 500 To 6,000 And Beyond | George Robertson & Mel Mattison on the True Risk-Free Rate and The Fed's Control of The Treasury Market 02:35:47 Share

Forward Guidance

Shownotes Transcript

Deficit Spending Will Send S&P 500 To 6,000 And Beyond | George Robertson & Mel Mattison on the True Risk-Free Rate and The Fed's Control of The Treasury Market