How Much Do You Need to Make to be Rich? (EP.298)
Animal Spirits Podcast
00:00
Do Small Caps Act Better?
Industrial stocks have literally the highest correlation to economic activity and you have XMI right near 52. I see this all the time Transport's breaking out. What are the transport stocks UPS FedEx? Okay, see the railroad stocks things that move goods run hour you could almost call Amazon a transport stock sure Yeah, they got their own vans now and trucks So he looked at we first went into a bear market in June and if you look at the chart You'll remember we had a massive spike in interest rates the two-year one from 2.8 to 3.4 percent in two days massive move. so the idea was okay Rates are much higher stocks should be down but actually cyclical stuff
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