Animal Spirits: A Shortage of Workers

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

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We discuss:

  • Big inflows into stock funds
  • Why index funds are the biggest financial innovation of the past 40 years
  • What if GDP is being underestimated and inflation is overestimated?
  • Yes housing is crazy but it’s still not a bubble
  • What could slow the housing market?
  • The bottom 50% is finally seeing some gains in wealth
  • Labor shortages
  • How to get a job as a financial advisor
  • Why margin debt is not a risk to the stock market
  • How rich people set the prices in collectibles
  • Could the Robinhood IPO be a crypto play?
  • Does dollar cost averaging work for individual stocks?
  • The most random movie cameo in history and more

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