AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
3min chapter
The Only Game in Town (EP.308)
Animal Spirits Podcast
The Importance of Context in the Stock Market
Since the 1980s, it's all been disinflation and falling rates. Earnings haven't grown at all. This isn't some conspiracy theory or some conspiracy. American companies are really, really good at increasing their earnings year over year over year. And guess what drives the price of stocks? Earnings Yes. It's just like, I'm willing to admit the Fed and all these other things had an impact. But if there was a lever that you could pull that would make the stock market go up way more, every single politician would do it, right? To make people happier. Like it's just, it doesn't work like that.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode