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Animal Spirits: Things Are Getting Stupid Again

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On today’s show, we discuss:

  • How Bitcoin eats the equity market (via MicroStrategy)
  • Is your 401k destroying capitalism?
  • Auto insurance spike hampers the inflation fight
  • The consumer is in good shape
  • It’s me, hi, I’m the problem. I’m 33
  • Millennials on course to become ‘richest generation in history’
  • Millennials and older Gen Zers made significant wealth gains in 2022
  • Klarna says its AI assistant does work of 700 people after it laid off 700 people
  • Housing market update: New listings post biggest uptick in nearly 3 years, but buyers show restraint as rates rise
  • You think you’re doing fine in life, until you hear a friend is doing better

Listen here:

Recommendations:

  • Mr. & Mrs. Smith
  • Shogun
  • Enough Said
  • Napoleon

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