This week we discuss why index investing isn\u2019t really speculating because you\u2019re betting on the US to be more prosperous in 10 years than it is today because indexes parallel the US stock market. We talk about what makes the US a good economy (and stock market) to bet on. We analyze the United States using the 4Ms of investing. We discuss why the average PE Ratio of the S&P 500 for the last 100 years has been about 15. Finally, we talk about how recessions typically cycle and what\u2019s going on with the Federal Reserve.\nLet\u2019s dive into what\u2019s going to happen 2019, if we\u2019re headed for a recession, and the state of the market. For show notes and more information, visit investedpodcast.com.\n\xa0\nLearn more about your ad choices. Visit megaphone.fm/adchoices