Animal Spirits Podcast When to Sell a Growth Stock (EP.237)
Dec 29, 2021
Listeners dive into a whirlwind review of an incredible year in the stock market, including the downside of celebrity SPACs. The impact of rising mortgage rates on housing prices is analyzed, revealing potential shifts in buyer demand. The conversation also touches on the complexities of Web3 communities and the challenges they present. A humorous nostalgia trip ensues with classic movie discussions that juxtapose old favorites against modern sequels. It's a blend of finance, humor, and cultural commentary that keeps the conversation lively!
AI Snips
Chapters
Transcript
Episode notes
S&P 500 Performance
- The S&P 500 has hit a record high 69 times in 2021, the second most ever.
- This exceptional performance, coupled with low volatility, defies bearish predictions.
Private vs. Public Market Tolerance
- Private markets are more forgiving than public markets for failing investments.
- Public markets have a shorter leash, punishing underperforming companies.
Falling Savings Rate
- The US savings rate has fallen to its lowest level since December 2017.
- This drop suggests people are returning to work and potentially easing supply chain strain.