Fiscal Spending Is Having A FAR Bigger Impact Than Investors Realize | Kevin Muir, The Macro Tourist

We're all aware of how the pandemic threw the economy and financial markets into unprecedented disarray. And for the past two years, investors have eagerly awaited them to return back to a state of normalcy. But has "normal" changed vs the pre-COVID days? How much of the old playbook no longer works well, if at all, in today's world? For answers, we're fortunate to speak today with market veteran Kevin Muir, founder and editor of The Macro Tourist, the highly-acclaimed newsletter that currently ranks as the #12th largest financial Substack in the world. Kevin sees the impact of the ongoing fiscal stimulus as being much more impactful than investors currently understand. In terms of spending into the economy, he thinks the fiscal flood has just begun. Follow Kevin at https://themacrotourist.com/ Or on X/Twitter at @kevinmuir TIME IS RUNNING OUT! SUBSCRIBE to Adam's new Substack at https://adamtaggart.substack.com/ to get his Adam's Notes for all the recent experts who have appeared on this channel. But do so before the price increases on Jan 1st 2024! #recession #inflation #fiscalspending --- Support this podcast: https://podcasters.spotify.com/pod/show/thoughtful-money/support