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Is There a Correlation Between the Stock Market and the Federal Reserve Balance Sheet?

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Ever since the Great Recession of 2008-09, the total amount of our national debt has skyrocketed.  And trillions more are being added due to the pandemic.  Interestingly, the stock market doesn’t seem to be bothered by the level of federal debt anymore, only by recessions.  But our next guest says that there is a correlation here of which investors should be aware.

Mike Switzer interviews Ashton Lawrence, a certified financial planner with DeHollander & Janse Financial Group in Greenville, SC.

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After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.