Animal Spirits Episode 25: Some Things We Learned

On this week’s Animal Spirits with Michael & Ben we discuss:

  • Why the next recession won’t look like the last one.
  • Why investors are always fighting the last war.
  • Is it now contrarian to predict higher expected returns?
  • What could cause the future to look better than the past in the markets?
  • The staggering growth in venture capital outside the U.S.
  • The insane pension payouts to some government workers in Oregon.
  • Why Germans save more than Americans.
  • What the 200-day moving average tells us.
  • Some thoughts on 529 college saving plans and how they can increase your returns.
  • Some things Michael learned about the NBA.
  • The best TV show I’ve seen in a long time and much more.

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