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There Are Too Many Rich People (EP. 421)

Animal Spirits Podcast

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Cautious Investors Amidst Market Highs

This chapter explores recent trends in the stock market, emphasizing the record highs of the S&P 500 index. It contrasts the cautious investment behavior of Schwab clients with the aggressive gains of Robinhood users and reflects on significant valuation increases in companies like Robinhood and NVIDIA.

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