Central Bankers Are Priming the Boom Americans' hoarded cash will be the firewood that gets the economy burning hot. The Federal Reserve will supply the gasoline that turns it into a raging fire. The Fed has already said that it has no intention of raising interest rates until 2023 at the earliest. Mortgage rates are setting new record lows every week. It's also important that President-elect Biden has nominated Janet Yellen to be his Treasury secretary. For years now, the Federal Reserve has been complaining that interest rate policy can only achieve so much toward stimulating the economy. The Fed has been banging the drum that it also needs the government to more carefully direct the spending of all the money being printed. Now that is finally going to happen. Yellen is the former head of the Federal Reserve. She is on board with what the Fed wants. For the first time, we have a Treasury secretary and a Federal Reserve that are going to be on exactly the same page. That could be another powerful combination for the economy. The "Green Revolution" Timing Is Perfect Coming out of the pandemic, governments across the world are desperate to spend to stimulate the economy and to create jobs. In 2021, the green revolution is the one thing that virtually every government in the world agrees is worth spending on. Agree or disagree, the world is going green. Now is the inflection point when the green revolution gains critical mass. To go green, we have to spend trillions upon trillions building out the necessary infrastructure. Joe Biden's climate plan, for example, requires $2 trillion. U.K. Prime Minister Boris Johnson's green plan aims to create 250,000 jobs. Pick a country, and you can bet it is spending big money going green. Even the oil and gas majors are getting on board. BP (NYSE: BP), for example, has announced that it will reduce its oil and gas production by 40% over the next 10 years. All of the spending that BP would have been directing at drilling for fossil fuels will instead be used to get into the renewable energy game. We are here, folks... The green revolution is at hand, and it is bullish for the Roaring '20s economy. It Has Been Awhile, and Optimism Feels Great! Since the financial crisis ended in 2009, we have had a long period of tepid economic growth. Making macro calls is risky, but there are so many good reasons to believe that the end of the pandemic will usher in an era of growth. It has been hard to be optimistic for a long time now. It feels good to finally see that better times are coming. A booming economy means a booming stock market, and I can't wait! Good investing, Jody | 
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