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Animal Spirits: Life and Death

adminBy adminFebruary 19, 2025No Comments5 Mins Read
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Today’s Animal Spirits is brought to you by YCharts and KraneShares:

See here for 20% off your initial YCharts Professional subscription for new customers only

See here for more information on KWEB

Get a random Animal Spirits chart here 

On today’s show, we discuss:

Listen here

Recommendations:

Charts:

Tweets/Bluesky:

Roughly 275,000 federal workers lost their jobs this week. That’s over 10% of the federal workforce.

~75,000 took the “buyout”
~200,000 probationary workers were let go (the WH has not confirmed the total, but this is how many were on probationary status)

That’s a lot of lives… pic.twitter.com/oHnH2MGLFe

— Heather Long (@byHeatherLong) February 14, 2025

$META has gained 17 days in a row, which is an extreme event. Using @NorgateData with current & delistings for the $SPX constituents, we find that the maximum has been 19 days. 1/3 pic.twitter.com/RTqIpnp1o3

— Michael Harris 📈 (@mikeharrisNY) February 12, 2025

ITS OVER, NEW KING CROWNED: $VOO officially passed $SPY in assets. End of an era. All hail. But respect to the GOAT $SPY whose reign began a lifetime ago in Jan 1993 when Bill Clinton had just been inaugurated, Whitney Houston had #1 album, A Few Good Men was #1 movie, the… pic.twitter.com/13UHM8ZQ5R

— Eric Balchunas (@EricBalchunas) February 18, 2025

I stopped buying active investments (individual stocks, etc.) when I realized that they monopolized most of my attention. Despite being a small % of my portfolio, I watched them all the time.

This is why I went passive and you should too. You can’t put a price on mental freedom.

— Nick Maggiulli (@dollarsanddata) February 17, 2025

There’s a subset of active investors out there that want to see stocks destroyed to teach passive investors a lesson.

We will have such a decade eventually. He’s right that stocks aren’t free money.

But hoping for this is not the way. No one wins in a deep recession. https://t.co/IVUGO92rDi

— Nick Maggiulli (@dollarsanddata) February 18, 2025

Software developer job postings over the last five years

Hard to find a crazier chart pic.twitter.com/i0Q3Qk0sW6

— BuccoCapital Bloke (@buccocapital) February 12, 2025

A sequel to ‘THE GOONIES’ is moving forward at Warner Bros after 40 years.

Potsy Ponciroli has been attached to write the script.

(Source: Deadline) pic.twitter.com/CHAQ09MddW

— DiscussingFilm (@DiscussingFilm) February 14, 2025

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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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