Animal Spirits: Depressed Day Traders
On today's show we discuss new all-time highs in the stock market, AI is the only thing that matters, emerging markets are cheap, 1987 crash calls, things rich people and poor people have in common, day trading is hard, how often you should check your portfolio, early retirement, housing market recessions and much more. The post Animal Spirits: Depressed Day Traders appeared first on A Wealth of…
Depressed day traders are on the rise, according to a new analysis of Wall Street consensus. The Bloomberg consensus on a rolling basis has surpassed $3 trillion, with virtually every earnings call seeing this figure climb by $500 billion. This shift marks a significant departure from previous years, indicating a growing concern among traders about the state of the market.
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