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Animal Spirits: Why Baby Boomers Have All the Money

On today's show we discuss the bull market in earnings, the bear case for AI, defining the AI bubble, the 1987 crash, the best AI hedge, why the labor market remains strong, consumers keep spending money, luxury real estate is booming, why old people are so wealthy, how to fix Netflix, Norm Macdonald and more. The post Animal Spirits: Why Baby Boomers Have All the Money appeared first on A Wealth…

Animal Spirits: Why Baby Boomers Have All the Money

We haven't written up this one. A Wealth of Common Sense has the full story — the link below goes straight to it.

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10 Wednesday AM Reads

My mid-week morning reads: • I went to Mexico to test-drive the cars Americans can’t buy: Mexico is a showroom for electric cars, with a growing fleet of sleek new vehicles from Chinese brands…

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