Animal Spirits: Murder of the American Dream

This week’s Animal Spirits with Michael & Ben is supported by YCharts: Mention Animal Spirits and receive 20% off your subscription price when you initially sign up for the service. We discuss: The brutal economic and market environment of the 1970s The first decade ever in the U.S. without a single recession Why mom and pop don’t control…

A Random Watch Down Wall Street: Boiler Room

A few weeks ago we were having a discussion on Twitter about the greatest finance movies. Here’s the list we came up with: The Big Short Trading Places Wall Street Boiler Room Margin Call The Wolf of Wall Street Someone then had the bright idea to recommend Michael and I re-watch some of these classics…

Putting Private Equity Dry Powder Into Perspective

The Wall Street Journal had a piece this past week about cash piling up at private equity firms as valuations in the space continue to rise: For North American PE firms alone this “dry powder” is fast approaching $800 billion. That’s a lot of cash on the sidelines. The problem is, this technically isn’t cash…