Hello everybody, Chris Martinson here, and today we're going to be talking about finance and economics as part of finance you.

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Now, let's turn to our program.

Hello, everyone. Chris Martinson here with another episode of Finance University, and we are

coming in the closing days of December of 2023, so closing days of 2023, back with Paul

Kiker of Kiker Wealth Management. Paul, so good to see you again.

Great to see you again as well, Chris.

I know just yesterday I was thinking, what are we going to talk about, you know?

And then we had this this Fed meeting and a little, for people who are like, oh, I don't care about the Fed, you really should because they are driving everything.

What an explosive reaction we saw yesterday.

It was just the Fed basically saying going a little doveish.

The response was extraordinary.

The Dow smashed to an all-time new record high.

I believe the NASDAQ is there, if not just passed it this morning.

But the German Dax, too, Germany.

It's busy de-industrializing.

And it's at an all-time new high. Germany. It's busy deindustrializing. And it's at all time new high. It's unbelievable. So we live in this world now where you have to follow the Fed because that's the whole story. That that is the game. Are they going to flood the world with more liquidity or not?

What did how did you experience yesterday? What did you see? Any surprises? I went from yesterday thinking, oh, the Fed's going to be boring. They're not, you know, with financial conditions easing as much as they have since November. There was a lot of talk on the street about whether the Fed was going to kind of talk that back, you know, because the concern is, is that's going to do away with the disinflation narrative. So I was thinking, you know, what, what are Chris and I going to talk about? I want to make it, you know, beneficial and fruitful for the people that are here to all of a sudden, it's like, Lord, how do we stay focused on what to talk about and not spend three hours discussing it?

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