This week’s Animal Spirits with Michael & Ben is supported by YCharts:
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We discuss:
- Trillion-dollar companies
- The massive rise in Tesla shares
- Why doesn’t financial literacy work?
- Coming up with a new US retirement system
- Why its time to move on from the 401k
- Ben’s 5 point plan for a new retirement system
- How many people are dependent on social security for retirement?
- Why wages are rising for people are the bottom of the income scale
- Why more governing is happening at the state and local levels
- Stop blaming the Fed for everything (only some things)
- Where’s the volatility in the stock market
- How bull markets generally work
- Where is all of the euphoria in the markets?
- What are reasonable long-term return assumptions?
- What’s the point of having physical credit cards anymore?
- A fundamental reshaping of finance or woke investing?
- Where have all the start-ups gone?
- Why do all NBA players want to be VCs these days?
- Are yawns really contagious?
- Why owning a home isn’t for everyone
- How many young people should have 100% of their retirement money in stocks?
- Is there any alpha on Twitter?
Listen here:
Stories mentioned:
- Just in time
- Has the 401k passed its expiration date?
- The new American retirement plan
- Taking Social Security early
- Pay is rising for low earners
- The Federal Reserve is the cause of a bubble in everything
- Fed’s Kaplan warns central bank actions are driving up risk-taking
- Stocks have rarely been this quiet in the past 50 years
- Average folks are optimistic on the economy as the stock market goes gangbusters
- Experts forecast long-term stock and bond returns
- Preparing for lower returns
- Amazon envisions paying with a wave
- How to write a book in your spare time
- A fundamental reshaping of finance
- Casperhaps
- What should you work on?
- Spencer Dinwiddie’s blockchain contract
- Are yawns really contagious?
- Predictable mistakes homeowners make
Books mentioned:
Charts mentioned:
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