Animal Spirits Podcast cover image

Animal Spirits Podcast

Finally, a Slowdown (EP.333)

Nov 8, 2023
The podcast discusses the cooling labor market, the attractiveness of the 60/40 portfolio, the Fed's tough spot, why everyone hates the economy, how to become a millionaire, realtor commissions, reclining seats on planes, and more!
01:00:45

Podcast summary created with Snipd AI

Quick takeaways

  • Companies can adapt to inflation by passing on costs to consumers, offsetting the negative impact on stock valuations.
  • The stock market's growth is driven by people's perpetual desire for more wealth and prosperity.

Deep dives

Crypto funds see largest inflow in 18 months

Last week, $300 million flowed into crypto funds, the highest inflow in 18 months.

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