Animal Spirits: Home Buyer’s Remorse

On today’s show we discuss recession fears, the stock market is bad at recession predictions, why this is an orderly sell-off, earnings are still rising, stocks rarely finish the year down, there are so many rich people, wealth inequality vs. socialism, house money pits, private credit redemptions and more.

Animal Spirits: The Best Stocks in History

On today’s show we discuss how markets are controlling the war, the cost of higher energy prices, why the stock market isn’t falling more, why the Fed shouldn’t raise rates, the Forrest Gump market, why gold is down 20%, the not-so-K-shaped economy, AI is making us work more, accidental landlords, how to create a good business and more.

Viral Charts

Is the median homebuyer really 59 years old? Does the top 10% really account for half of all consumer spending?