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You are at:Home » Animal Spirits: The Fed Needs to Cut
Wealth Building

Animal Spirits: The Fed Needs to Cut

adminBy adminJune 19, 2024No Comments4 Mins Read
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Posted June 19, 2024 by Ben Carlson

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

YCharts Launches New Partnership with United Planners ...

See here for 20% off (new customers only) and for more info on the tearsheet builder

See here for more information on CME Group’s valuable educational materials and trading tools and learn more about what adding futures can do for you.

On today’s show, we discuss:

Listen here:

Recommendations:

Charts:

Tweets:

From Carl Whitaker at RealPage:

“The U.S. median rent/income ratio for market-rate apartments has recorded 15 straight months of decline”

“From a purely rent/income based perspective, rents are now at their most affordable level since January 2021” pic.twitter.com/aZ7zeYeUtK

— Conor Sen (@conorsen) June 11, 2024

In the past 21 quarters of earnings calls, which goes back to Q1 2019. This quarter marks the 4th fewest number of times the word recession has been mentioned. pic.twitter.com/rMvRPFYVRA

— Eric Soda (@EricSoda) June 17, 2024

Below is from JP Morgan’s Flow and Liquidity Report dated June 13.

tl:dr —$16 billion has flowed into bitcoin ETFs YTD. But $13 billion has left existing digital wallets, suggesting only $3 billion of net new money this year. As the chart from JPM below shows, estimates of flows… pic.twitter.com/zvtgNcTPdu

— Jim Bianco (@biancoresearch) June 17, 2024

The FBI just announced that crime has plummeted in the first quarter of 2024:

According to the report:

Murder decreased by 26.4%
Rape decreased by 25.7%
Robbery decreased by 17.8%
Aggravated assault decreased by 12.5%
Reported property crime decreased by 15.1%

— Kyle Griffin (@kylegriffin1) June 11, 2024

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Nothing in this blog constitutes investment advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security.  Any opinions expressed herein do not constitute or imply endorsement, sponsorship, or recommendation by Ritholtz Wealth Management or its employees. 

The Compound, Inc., 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.

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

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