2min chapter

Animal Spirits Podcast cover image

Price Drives Narrative (EP.271)

Animal Spirits Podcast

CHAPTER

Why Interest Rates Are Not the Cause of Mass Speculative Activity

Interest rates are up like, i don't know, six times from the bottom. They're much higher than they were three %. We just had a whole week's worth of meam stock stuff with bedbath and beyond and al these other crazy stocks. The daily shot. Have this graph about meam stock performance since may, how they're just crushing it. It's not necessarily tefed causing people to go on read it in yolo into bed bath and beyond options. People are more likely to engage in speculative activity when interest rates are lower,. Generally, acid prices are rising, and then greed takes over.

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