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Animal Spirits Podcast

Fighting Inflation (EP.359)

May 8, 2024
Topics include suffocating bull market, government debt, Jerry Seinfeld's money views, consumers fighting inflation, Wall Street translations, Bitcoin ETF buyers, bear case against housing
01:10:28

Podcast summary created with Snipd AI

Quick takeaways

  • Construction job decline attributed to survey data volatility, while postings remain stable, indicating a more reliable trend.
  • Household wealth for under-40s surged post-pandemic, yet housing market concerns persist, reflecting ongoing challenges for young adults.

Deep dives

Real Estate Market Trends and Buyer Reactions

Construction jobs have seen a decline, but experts attribute it to survey data volatility. Construction postings remain steady and elevated, indicating a more stable trend despite initial job collapse.

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