Animal Spirits Episode 63: Record Outflows

This week’s Animal Spirits with Michael & Ben is sponsored by YCharts:

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We discuss:

  • The record outflows from mutual funds.
  • How outflows are impacting passive and active funds differently.
  • Why the S&P 500 is so hard to beat.
  • Investing using seasonality.
  • Can anyone predict recessions in advance?
  • How helpful is economic data in forecasting?
  • Did trade wars and tariffs stop a huge bubble from forming?
  • Dividend yields and CD yields are on the rise.
  • The joys of investing in down markets.
  • Some good news on the equity risk premium.
  • The strange was people pick funds in their 401k.
  • Credit card perks and rewards.
  • Women in the hedge fund industry.
  • Divergent performance between Einhorn and Dalio.
  • How many people live paycheck-to-paycheck?
  • Millennials are delusional about how rich they’ll end up.
  • Should savers ramp up contributions during a downturn?
  • Facetime fiascos and much more.

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