Animal Spirits: Good News is Bad News
Courtesy of Michael Batnick's The Irrelevant Investor
Today’s Animal Spirits is brought to you by YCharts.
On today’s show we discuss:
- Targets margins are getting squeezed
- The state of the economy survey
- Wages are still going up
- The dark side of the hot labor market
- Job growth remains strong
- The tech crash could lead to a talent bonanza for big tech
- Retail investors are buying U.S. Government Bonds
- The worst years ever for a 60/40 portfolio
- BlockFi is raising a down round
- Myth-busting: is the US Dollar losing reserve currency status?
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The U.S. and Europe have different inflation problems
- 1/3 of Americans making $250k are living paycheck to paycheck
- U.S. savings rate lowest since 2008
- Buy now pay later companies being tested
- Housing affordability
- Ric Edelman on Crypto, retirement planning, the advice business, and more
- Bipartisan Crypto bill
- Solana suffered its second outage in a month
- Coinbase slowing hiring
- The Netflix token
- The U.S. is in a pessimistic mood
- The SECs Meme Stock video
- Demand for the CFA falls off a cliff
- The interrobang
- Top Gun: Maverick is killing it
- Netflix’s leaner movie selection
Future Proof Festival:
Listen here:
Transcript here:
Recommendations:
- Top Gun: Maverick music
- Everybody Wants Some
- Cocktail
- Philadelphia
- James Earl Jones
- We Own This City
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First image by Gerhard Erb from Pixabay
Second image by PublicDomainPictures from Pixabay
