#1389 Anthony Pompliano | Why Bitcoin and Stocks Are Declining Fast!

Our grandparents prayed for days like we have in 2024 where the stock market is up double-digits halfway through the year. With a stock market that compounds usually at, you know, 7-8%, maybe 10%, on average over the last 50 years, that's a year-long return.

The Fed made a policy error when the Fed was created and they let it intervene in the market. In a market, you're supposed to allow the free market to do it. It is an arrogant belief of human beings that we can intervene in the market better than the free market forces.

If you leave interest rates high for a long time, you eventually break something in the economy. If you think about the United States economy, it is built for low interest rates and cheap money. That is how everyone grows, and growth is the oxygen for the economy.

If you overlay the chart of the S&P with the prediction odds of Donald Trump becoming president, when Trump's odds go up, the stock market goes up shortly after; when Trump's odds go down, the stock market goes down.

If you don't get excited when the assets in your portfolio go down in price, you may not actually understand what you own.

If you buy things with a very long time horizon, when the price draws down, you don't worry.

The S&P is still up double digits year to date, yet people are acting like is down 20%.