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Animal Spirits: Yolo Spenders

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On today’s show, we discuss:

  • The worlds priciest stock market
  • Why a US recession is still likely – and coming soon
  • Only richest 20% of Americans still have excess pandemic savings
  • Americans are still spending like there’s no tomorrow
  • The value of residential real estate broke a new record $52T
  • A longer-term look at housing prices versus employment
  • UK homeowners say jump in interest rates will force more to sell
  • The Science of Hitting on Disney
  • 20% of adults own crypto and the vast majority see an urgent need to update the financial system

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Recommendations:

  • The Foreigner
  • Meg 2: The Trench
  • The Big Chill
  • Summer Rental

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Original Article

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