Today’s Animal Spirits is brought to you by YCharts:
See here for a webinar with our very own Nick Maggiulli on Transforming Data Into Dollars
On today’s show, we discuss:
- 10 predictions for 2024
- Where did Americans put their money this year? Everywhere.
- Gas prices will fall in 2024 and Americans spend $32B less on fuel, GasBuddy predicts
- We aren’t posting on social media as much anymore. Will we ever?
Listen here:
Recommendations:
Charts:
Tweets:
These are the FINAL 2023 performance stats across asset classes using US-listed ETFs and ETNs. Enjoy! pic.twitter.com/HYxBbbGdVq
— Bespoke (@bespokeinvest) December 30, 2023
People laughed and criticized me when I first posted this here, just as I laughed at it years ago when I first built it (2009). And yet it just keeps on working. QE does interfere with it sometimes, but then the relationship gets back on track again. pic.twitter.com/gE7x6U7A0Y
— Tom McClellan (@McClellanOsc) December 29, 2023
My friend’s dad had a $300k mortgage on his house.
3.25% interest rate.
He just paid off the balance so he doesn’t have a house payment.
He loves Dave Ramsey.
My heart hurts…
— SFR Investor – Ben Riehle (@SFR_Investor) December 29, 2023
Here is a 14th explanation for the teen mental health crisis which does not work: parents are increasingly abusive since 2010 (they are not).
Nobody has yet proposed an explanation for the crisis that works–especially internationally– other than the rapid teen transition from… pic.twitter.com/VvvbaszzYR
— Jonathan Haidt (@JonHaidt) December 13, 2023
Amazon is already one of the largest ad businesses in the world at a $40b run-rate.
Now, Prime Video will show you ads unless you pay $2.99/month.
This will add many billions to Amazon’s bottom line. pic.twitter.com/IcFcqd3zpf
— Austin Rief ☕️ (@austin_rief) December 27, 2023
My most cynical take of 2023:
What are the odds the Ozempic results are faked?
A drug that can make you eat less, crave less, lose weight, stop gambling, biting your nails & drinking?
It's either one of the greatest discoveries ever or Elizabeth Holmes 2.0 w/no middle ground
— Ben Carlson (@awealthofcs) December 15, 2023
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