Animal Spirits: Good News is Bad News

On today’s show we discuss why everyone thinks we’re already in a recession, living paycheck to paycheck on $250k a year, why crypto makes more sense in a bull market, why it feels like the stock market should be down way more, Top Gun: Maverick and much more.

The Worst Years Ever For a 60/40 Portfolio

In a recent piece I looked back at the worst years in stock market history because, well, so far this is one of the worst years in stock market history. If the year ended now, we would be somewhere between 1973 and 1941. As many of my astute readers pointed out, the logical follow-up here…