On this week’s Animal Spirits with Michael & Ben we discuss:
- How social media has changed financial media for the better.
- The humble beginnings of this podcast.
- The case for investing in bonds.
- More hedge fund closures.
- Julian Robertson’s poor timing.
- Your adult children are killing your retirement savings.
- The Bernank and why so many people misunderstood the Fed.
- The myth of short-termism in public companies.
- Why did Amazon raise their minimum wage?
- Stocks are rising but valuations are falling.
- Small stocks are falling faster than large stocks — what does it all mean?
- How will the Fed unwinding its balance sheet impact the markets?
- How much is too much in your employer’s stock?
- The relentless bid and much more.
Listen here:
Stories mentioned:
- Finance, the media and a catastrophic breakdown in trust
- On Wall Street the bond market sets the tone
- Hedge funds shutting down
- The end of game, Tiger management shutting down
- The next financial crisis is staring us in the face
- Parents spend twice as much on their adult children as they save for retirement
- I created The Bernank on YouTube and I was mostly wrong
- The short-termism critique of public companies is nonsense
- Amazon raises minimum wage to $15/hour
- The relentless bid, explained
Books mentioned:
- The Wizard of Menlo Pary by Randall Stross
- The Overspent American by Juliet Schor
- Soros on Soros by George Soros
Suze Orman podcast mentioned:
Charts mentioned:
Fed cartoons mentioned:
Email us at animalspiritspod@gmail.com with any feedback, recommendations, or questions.
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