This week’s Animal Spirits with Michael & Ben is supported by YCharts:
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We discuss:
- Is Tesla the most impressive stock of this cycle?
- Why you shouldn’t waste your time worrying about risks in the market
- Inequality in the stock market
- Why does Congress still get to trade individual stocks?
- Boomers are coming for crypto with lots of money
- Will Bitcoin’s market cap surpass gold’s?
- Why do so many rich people predict hyperinflation?
- What would it take for actual hyperinflation to show up?
- How can wages rise without commensurate inflation?
- Why are so many people quitting their jobs?
- When are the robots coming for more jobs?
- The used car market is insane right now
- Is Toronto the craziest housing market on the planet?
- How many people still watch cable TV?
- Does it ever make sense to use leverage in a prudent manner in your portfolio?
- Our Dune review and much more
Listen here:
Transcript here:
Stories mentioned:
- Hertz orders 100k Teslas
- Bill Millers Q3 Letter
- The wealthiest 10% of Americans own 89% of all U.S. stocks
- Fed to ban policymakers from owning individual stocks
- Wealth management money is coming for crypto
- Bitcoin is bigger than silver
- Never go full Weimar
- The Fed doesn’t have to choose
- Help wanted
- Millions of workers stay home to watch young children
- Restaurants turn to robots
- Wealth of your parents is a dealbreaker for first-time buyers
- Netflix earnings transcript
Books mentioned:
Festival mentioned:
Charts mentioned:
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