
Obvious Signs of the Top (EP.257)
Animal Spirits Podcast
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Driving Consumption and Market Dynamics
This chapter discusses a JP Morgan report on gasoline consumption, revealing that a small percentage of drivers account for most fuel use. It also explores economic trends related to inflation, the housing market, and the performance of companies like Disney and Coinbase amid changing consumer habits. Additionally, the chapter dives into the complexities of algorithmic stablecoins and historical financial risks, highlighting lessons from both the crypto space and traditional finance.
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