Animal Spirits: The Best Bear Case on AI

On today’s show we discuss one of the greatest bull markets of all-time, falling valuations, why young people gamble, financial nihilism, the next recession, $3 trillion in money markets, when bond yields compete with stocks, debating AI outcomes, NHL ETFS, renting vs. buying, rich sports owners in trouble, breaking even at the blackjack table and more.

Animal Spirits: Depressed Day Traders

On today’s show we discuss new all-time highs in the stock market, AI is the only thing that matters, emerging markets are cheap, 1987 crash calls, things rich people and poor people have in common, day trading is hard, how often you should check your portfolio, early retirement, housing market recessions and much more.