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Animal Spirits Podcast

Rates to the Hilt (EP.322)

Aug 23, 2023
This podcast episode of Animal Spirits covers a range of interesting topics including the attractiveness of bonds compared to stocks, Michael Burry's track record, the difficulty of predicting the economy, the underrated nature of streaming, and recommendations for Netflix series and sad movie 'The Whale' on Paramount+.
01:02:55

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Quick takeaways

  • Higher interest rates contribute to worsening inequality, benefiting investors and lenders but posing challenges for borrowers and those with credit card debt.
  • The rebound of business travel defies expectations, with spending expected to surpass pre-pandemic levels, raising questions about remote work and the potential impact of inflation.

Deep dives

KFC's Surprising Success in China

KFC is the largest fast food chain in China, highlighting its massive popularity in the country.

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