Animal Spirits Podcast Will AI Take All Our Jobs? (EP.415)
103 snips
Jun 4, 2025 The hosts dive into the complexities of technical analysis during market downturns. They debate if a recession is necessary and discuss Jamie Dimon's concerns over government bonds. The influence of AI on job displacement versus inflation fears creates an interesting contrast. They also explore the current buyer's market in housing and how stockpicking has become increasingly challenging. Amid humorous anecdotes about travel and media, there's a thoughtful reflection on the evolution of consumer behavior and the broader economic landscape.
AI Snips
Chapters
Transcript
Episode notes
Market Bottoms Precede Economic News
- The stock market tends to bottom before economic or earnings news fully reflect downturns.
- Technical analysis can reveal market sentiment shifts ahead of fundamentals.
Stocks Often Halve, Few Turn Around
- Most individual stocks eventually lose half their value due to business troubles.
- Only about a third of companies see sustained fundamental turnarounds after downturns.
Wait for Stock Stabilization
- Avoid buying stocks during free falls; wait for stabilization or a base formation.
- Never catch a falling knife; patience in timing bottoms is crucial.