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A Healthy Pullback (EP.357)

Animal Spirits Podcast

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Reflections on Generational Wealth and Economic Forecasts

The chapter delves into the nostalgia for simpler times and perceptions of generational wealth, highlighting the positive trend of increasing household incomes across generations. It explores the challenges economists face in accurately predicting economic trends and the concept of career risk associated with contrarian predictions. Additionally, it touches on market data access, the home renovation boom, and reflections on simplistic living choices amidst the 'grass is always greener' syndrome.

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