X @Ansem

Fiscal & Monetary Policy Analysis - 2020-2021: Easy fiscal policy combined with easy monetary policy created a "perfect storm" [1] - 2022-2024: Easy fiscal policy paired with tight monetary policy (Federal Reserve rate hikes) created unfavorable conditions [1] - Early 2025: Tight fiscal policy combined with tight monetary policy was very detrimental to risk assets [1] - Post April 2025: Fiscal printing continues, and easy monetary policy devalues the denominator, favoring long risk positions [1] Government & Trade Dynamics - There was a belief that the government would balance the budget with tighter fiscal policy [2] - High tariffs tightened global supply chains and reduced growth [2] - Trump pushed for monetary policy cuts [2] - Tariff de-escalation is occurring with a focus on deals [2] Investment Strategy - Avoid overtrading or getting liquidated on leverage [1] - Fiscal printing and easy monetary policy favor long risk positions [1]