Animal Spirits: Permanent Stimulus

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

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We discuss:

  • Foreign stocks are finally breaking out
  • Why does everyone talk about crypto so much?
  • Why the Fed is part of the markets forever
  • The economics of permanent stimulus
  • Why bear markets will likely be faster in the future
  • Robinhood is going after Coinbase
  • Learning is hard but selling is easy
  • Building a new home is getting very expensive
  • Could we see a supply boom in the coming years?
  • Why the stimulus checks were good for low income households
  • People don’t want to go back to the office
  • Why rates could stay low for a very long time
  • Trying to ship a jet ski across the country & much more

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