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Animal Spirits Podcast

The Worst Bear Market Ever (EP.329)

Oct 11, 2023
The podcast discusses rising long-term bond yields, the worst bond market sell-off in history, the strength of the labor market, boomers' impact on the economy, a Michael Lewis book review, millennials' retirement preparation, and more!
01:06:46

Podcast summary created with Snipd AI

Quick takeaways

  • Long-term bond yields are rising, causing the worst bond market sell-off in history.
  • Job changers experience a significant decrease in wage growth compared to job stayers, highlighting the importance of considering the long-term implications of job changing.

Deep dives

Private equity funds providing loan shark liquidity to investors in illiquid PE funds

Private equity funds are raising funds to provide liquidity to investors in illiquid PE funds.

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