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You are at:Home » Animal Spirits: Is Twitter Dead?
Wealth Building

Animal Spirits: Is Twitter Dead?

adminBy adminJuly 12, 2023No Comments4 Mins Read
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Posted July 12, 2023 by sean

Today’s Animal Spirits is brought to you by YCharts:

YCharts Launches New Partnership with United Planners ...

See YCharts latest monthly market wrap for June here.

On today’s show, we discuss:

Tropical Bros Shirts:

  • See here for Animal Spirits x Tropical Bros shirts and here for more info on No Kid Hungry

Listen Here:

Recommendations:

Charts:

11 of the most interesting charts surfaced this week 🧵

1/ Retail is back, says JP Morgan.

“Retail investors saw the greatest buying in 15 months, with buying in single stocks coming back; Equity ETFs saw strong inflows as well.” pic.twitter.com/FgMSKkf6mx

— Koyfin (@KoyfinCharts) July 6, 2023

“Some claim that institutional investors are the “smart” money and retail investors are better contrary indicators …But our BofA Securities Equity Client Flows suggest the opposite” pic.twitter.com/lqFFHKWggI

— Gunjan Banerji (@GunjanJS) July 9, 2023

GOLDMAN: “.. $NFLX mgmt has executed its password sharing initiative in excess of our prior assumptions .. and overall industry competition has become more muted .. Since we added NFLX to the Sell list on June 10, 2022, NFLX shares are up 135% vs the S&P500 of 12.5%.”

— Carl Quintanilla (@carlquintanilla) July 5, 2023

* USED VEHICLE YEAR-OVER-YEAR PRICE DECLINE SECOND LARGEST EVER

* USED VEHICLE PRICES FALL 10.3% FROM A YEAR AGO: MANHEIM@JohnSpall247 #CPI

— Carl Quintanilla (@carlquintanilla) July 10, 2023

TRAVEL UPDATE: Yesterday, TSA Officers nationwide screened 2,883,595 individuals – beating our previous travel record of 2,882,915 on the Sunday after Thanksgiving in 2019. This is the highest number of passengers the agency has screened on record.

— TSA (@TSA) July 1, 2023

Lemme point out the obvious: Tech bros were wrong about what was happening even just in their corner of the universe. https://t.co/4NEuJ2p0rt

— Justin Wolfers (@JustinWolfers) July 9, 2023

Big Tech companies may have resumed their hiring based on job openings. Total job openings for $GOOG, $AMZN, $MSFT and $META are up 100%, 40%, 85%, and 162%, respectively since the end of Q1, although they are all still down a fair amount from a year ago pic.twitter.com/93FghFmr3U

— Weng (@AznWeng) July 10, 2023

The US added 3.8M jobs in the last year, including:

1M in Health Services & Private Education
800k in Leisure & Hospitality
600k in Government & Public Education
470k in Professional & Business Services
400k in Goods-Producing Industries
200k in Trade, Transportation & Utilities pic.twitter.com/n3UJmiihsr

— Joey Politano 🏳️‍🌈 (@JosephPolitano) July 7, 2023

A take I’m convinced is true: Michael is right *for now*, but we’ll see sub 3% 30 year mortgage rates within the next 10 years.

The whole structure of debt in this economy is predicated on low rates and will pull rates lower at some point (either thru crisis or anemic growth). https://t.co/HEV3hv9vC7

— Cullen Roche (@cullenroche) July 7, 2023

An advisor adds an unbelievable amount of value in 3 areas:

1: Peace of mind (nothing is overlooked).
2: Expertise (you cannot know what you do not know). 3: Objectivity (remove unhelpful emotions from your decision-making).

What else would you add?

— Peter Lazaroff (@PeterLazaroff) July 3, 2023

DANNY MEYER, on tipping: “.. If you’re just taking out food, and it was just a transaction — I give you money, you give me a cup of coffee — I don’t think there’s any obligation to tip whatsoever ..”

– @dhmeyer @CNBC https://t.co/uoQSWDhm0W

— Carl Quintanilla (@carlquintanilla) July 7, 2023

Contact us at animalspiritspod@gmail.com with any feedback, recommendations, or questions.

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Wealthcast Media, an affiliate of Ritholtz Wealth Management, received compensation from the sponsor of this advertisement. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investing in speculative securities involves the risk of loss. Nothing on this website should be construed as, and may not be used in connection with, an offer to sell, or a solicitation of an offer to buy or hold, an interest in any security or investment product.

 





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