New Year’s Resolutions, the $15 Trillion Liquidity Flood With Garrett Baldwin, Reacting vs Predicting

In this episode of The Compound and Friends, Josh Brown hosts Garrett Baldwin to discuss the year's financial highlights and offer insights for the coming year. They analyze the impact of global liquidity on asset prices, the Federal Reserve's focus on financial stability over policy rates, and the potential risks of foreign capital leaving the U.S. market. They also explore the rallies in gold and silver, the role of passive investing and leverage in market dynamics, and the importance of reacting to market signals rather than predicting outcomes. The episode concludes with a discussion on investment themes for 2026, focusing on owning "extractor" companies that benefit from ongoing economic uncertainties.