FYI: On this week’s Animal Spirits with Michael & Ben we discuss:
.Implications from the trade war.
.Why it’s so difficult to trade based on economic uncertainty.
.Tech IPOs are so hot right now.
.The consumer balance sheet is in surprisingly good shape.
.Household net worth is breaking out in an uptrend.
.Housing is relatively affordable these days (on average) and was insanely expensive in the 80s compared to income.
.A concerning data point on the economy.
.Social security and Medicare are expensive.
.Why we changed our minds on esports a week later.
.The weirdest story of the week.
.Why young people are having fewer babies.
.A sad tale on the burdens of student loan debt.
.Why U.S. investors are so lucky.
Regards,
Ted
http://awealthofcommonsense.com/2018/07/animal-spirits-episode-37-ring-the-bell/
