Where the Magic Happens in the Stock Market

Apple is up a lot over the past year, more than doubling in terms of total returns: Some investors claim the only reason Apple share have risen so much must be due to a combination of inflows into passive investment products and share buybacks from the company. Index funds and buybacks have made for a…

Animal Spirits: Millennials on Communism

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 future of books Why the future of publishing is all Amazon Why the relationship between markets and geopolitics isn’t as simple as you’d think Why…