Animal Spirits: The Bankrupt Barber

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

Mention Animal Spirits and receive 20% off your subscription price when you initially sign up for the service.

We discuss:

  • How stocks have reacted to past Fed rate cuts
  • There’s always a bull market somewhere
  • Why is the stock market falling?
  • Why aren’t there more unicorn companies in Japan?
  • Nature vs. nurture in your finances
  • Why Michael bought a Peloton
  • Noobwhale t-shirts
  • Can sovereign bonds really be in a bubble?
  • High priced diapers are here
  • CBD gyms?
  • Why people never feel rich
  • Middle-class debt
  • Is there a rule of thumb on when to refinance?
  • How many people fly each year
  • Amazon is getting into real estate
  • The most popular sandwiches
  • Some longer-term projects we’re working on
  • Headline risk, the Dow and much more

Listen here:

Stories mentioned:

Books mentioned:

  • Alchemy by Rory Sutherland
  • Raised in Captivity by Chuck Klosterman

Charts mentioned:

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