2min chapter

Animal Spirits Podcast cover image

Millennials Will Buy All the Stocks (EP.305)

Animal Spirits Podcast

CHAPTER

The Economy Has Been Through Its Troubles

A combination of fiscal stimulus and supply chain disruptions led to an inflationary spike, not seen in over four decades. Russia invaded Ukraine, which sent energy and commodity prices vertical. Rising interest rates destroyed any appetite for risk-taking with typing at the epicenter of enthusiasm unwind. The $3 trillion office real estate market is going to experience some pain over the next few years with occupancies down and borrowing costs up.

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