There is a rough inverse correlation between federal deficits and S&P 500 stock valuations, such that when deficits spike, stock market valuations tend to rise shortly thereafter, though this is not a perfect leading indicator.

factualpending

Speaker

Unidentified Speaker — Why You're Getting Poorer: Major Slowdown Ahead | Donald Bo… [-GB5EAmFeAk]

Evidence Quote

If you overlay this with the S&P 500, there's rough there's a rough inverse correlation. Not perfect, but rough. Meaning whenever the deficit seems to spike, we have um a rise in uh stock market valuations shortly thereafter.

Source

Why You're Getting Poorer: Major Slowdown Ahead | Donald BoudreauxDavid Lin
Created: 8/11/2026, 7:16:28 AM

My Notes

Loading notes...