The Federal Reserve remains supportive, with M2 money supply growth still in the mid-20s, indicating a very rapid rate of growth.

Deflationary forces are emerging in the global economy, countering the belief that monetary policy easing will ignite inflation.

The current deflationary forces are powerful and will likely cause confusion in the market, affecting the velocity of money, which is the rate at which money circulates in the economy.

The Federal Reserve shifted from cutting interest rates to zero and injecting significant stimulus into the economy, which created challenges for investment behavior.

The consumer has significant purchasing power, with disposable personal income rising sharply, suggesting robust economic activity.

The Fed is focused on achieving full employment and maintaining inflation above two percent, but we are currently in the one and a half to two percent range.

The recent fear in the market is welcomed because it serves as a reality check against speculative moves in the innovation space, which may not last long.

Housing prices are increasing at a double-digit rate, indicating strong asset market performance despite recent volatility.

Lowering interest rates could potentially lead to inflation; however, technology, particularly AI, is deflationary and may allow for interest rate reductions without triggering significant inflation.