FYI: We discuss:
.How much do mutual fund flows really matter for the markets?
.Passive bubbles don’t make sense
.Haven’t small cap stocks always been underfollowed?
..Harder to predict: interest rates or the stock market?
Financial literacy differences between men and women
.The Peloton IPO
.Who is the loser if Peloton is successful?
.What do “normal” interest rates look like?
.Why the Fed is not our savior
.Why good enough targetdate funds succeed
. Is the behavior gap overstated?
.A new measure of market volatility
.Why uncertainty is always high
.Will Smith and Jay Z get into the life insurance biz
.Subscriptions for everything (even a Porsche)
.Childcare costs more than most colleges
.What’s the worst that could happen to bonds?
.What’s the best Disney song ever and much more
Regards,
Ted
https://awealthofcommonsense.com/2019/09/animal-spirits-who-are-the-losers/
