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Bear Market Math (EP.280)

Animal Spirits Podcast

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The Stock Market Is Down 25%

Last week, I was remote in Boston, and I couldn't see Ben not even a little. So if you saw my eyes wandering, it's only because I was staring into the void. There was barely any parking spots at the airport here. And I'm beginning to think the stock market is down 25%. People are still spending a ton of money on travel. It didn't seem like it was- It's a stock market gas lighting, us. We're saying maybe the wealth effect is bullshit with a stock market,. though.

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