Can the Fed Stop COVID-19? What this Means for a Young Fund
Last week in the Mastermind, we had John Pennington come on…
(John is a co-founder of a $20 billion family of funds)
He mentioned the Fed is trying to GIVE YOU MONEY!
You need to be in a good position to receive it.
Fed announcing low-interest rates, almost 0%… hopefully won’t go negative.
Fed launches the Commercial Paper Funding Facility… to encourage lenders to issue more money.
Lots of liquidity in the markets
Finding personal loans, business loans
Ability to get a huge line of creditHow is that money going to find me?
This market cycle is a HUGE Opportunity to launch a fund
Survive the winter
Cheap money
People still need entertainment, still need to do things while at home.
Still need food, education
$1.5 billion increase in revenue for one online school in China.
Real estate, construction, still booming.FINALLY... Conclusions of Goldman Sachs Investee call where 1,500 companies dialed in
(listen to the episode to hear the notes from the Goldman Sachs call)
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