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On today’s show, we discuss:
- Where Have All the Good Stocks Gone?
- Why Your Fund Manager Can’t Beat Today’s Stock Market
- How many US passports are in circulation?
- ‘We’re Not Dead Yet.’ Baby Boomers’ Good Times Drive the Economy.
- Atlanta Fed Wage Growth Tracker
- JPMorgan Warns Customers: Prepare to Pay for Checking Accounts
- Gen AI: Too much spend, too little benefit?
- You Might Be Buying Your House at the Top of the Market
- More Than 4 Million Mortgages Originated Since 2022 Have Rates Above 6.5%
- Retirees spend twice as much when they have guaranteed income, research finds
- A User’s Guide To Midlife
- Working title (insurance)
- Why Are There Suddenly So Many Car Washes?
Listen here:
Recommendations:
- Zach Bryan: The Great American Bar Scene
- The Bear Season 3
- Godzilla x Kong: The New Empire
- A Quiet Place: Day One
- Despicable Me 4
- Anchorman 2: The Legend Continues
- Beverly Hills Cop: Axel F
- Gladiator
- Current box office
Charts:
Tweets:
I knew market cap weighted was crushing equal weighted. I knew tech was crushing ex-tech. I did not know that equal weighted tech was underperforming the equal weighted market, 2.1% vs 2.5%. Crazy times. pic.twitter.com/sUI5t8Uy8j
— modest proposal (@modestproposal1) July 8, 2024
So far, the S&P 500 has proven it can handle higher rates … a year ago, the 10y Treasury yield was 3.85% and the S&P 500 was at 4,455; today, the 10y is up to 4.44% and the S&P 500 is at 5,475 pic.twitter.com/Z2ctRN9prZ
— Kevin Gordon (@KevRGordon) July 2, 2024
Economy so bad 83% of Americans are living airport-to-airport https://t.co/1MHAXEdLAI
— Dow (@mark_dow) July 8, 2024
Alas, looks like the US economy is cooling quicker than most analysts think. The Bloomberg US Economic Surprise Index has dropped to a 9-year low. pic.twitter.com/bnVdCfKfGj
— David Ingles (@DavidInglesTV) July 4, 2024
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