FYI: Michael & Ben discuss:
.The 60/40 is dead. Again
.But it has worked even when bond returns have sucked
.Why don’t rich people just stop working?
.Carl Icahn’s succession is like real life Succession
.Are influencers a winner take all game?
.Housing and recessions
.Wait, what about buyback data?
.The best predictor of stock returns
.The least happy age
.How households invest
.Bob Iger’s big bet that Ben doesn’t think is a big bet
.Hanky panky in the futures market?
.Not exactly
.What is the fed doing now?
Regards,
Ted
https://theirrelevantinvestor.com/2019/10/23/animal-spirits-the-least-happy-age/
