|
Today’s Animal Spirits is brought to you by Cullen Capital and YCharts:
–
Visit https://go.ycharts.com/animal-spirits get 20% off your initial YCharts Professional subscription
On today’s show, we discuss:
Listen here:
Charts:
Recommendations:
Tweets/Bluesky:
A fire alarm is going off and everyone is ignoring it. pic.twitter.com/FO6IazeSwD
— John Arnold (@johnarnold) May 20, 2026
S&P 500 forward sales growth is projected at ~18% over the next 24 months.
Historically, this corresponds to ~12.4% NGDP growth (about 6% annualized).
Something to consider as yields (and the Fed) look for a new equilibrium. pic.twitter.com/TLwLlsVikS
— Warren Pies (@WarrenPies) May 19, 2026
Jeff Bezos calls for zero income taxes on bottom half of earners: ‘Stop taxing them’ https://t.co/euwpzgIYow pic.twitter.com/pTLs7pQEHX
— NY Post Business (@nypostbiz) May 20, 2026
Thank you. The important part is zeroing out taxes on the bottom half. Best way to put money in someone’s pocket is to not take it out in the first place. Bottom half is only 3% of total tax revenue. But it’s very meaningful to that person. Zero it out. https://t.co/1Pniwn0tdd
— Jeff Bezos (@JeffBezos) May 20, 2026
$HOOD crypto COO is stepping down as Robinhood’s crypto revenue growth slows pic.twitter.com/EJ5QjLz7oz
— Shay Boloor (@StockSavvyShay) May 22, 2026
Retatrutide phase 3 obesity trial just came out and the results are genuinely insane:
– 28.3% bodyweight lost on 12mg over 80 weeks
– 70.3 pounds on avg. or 31.9 kg
– 45.3% of patients hit 30%+ weight loss (this is bariatric surgery territory)
– 30.3% weight loss (85 lbs) at 104… pic.twitter.com/eJO8Mzw6Ct— Max Marchione (@maxmarchione) May 21, 2026
Follow us on Facebook, Instagram, and YouTube.
Check out our t-shirts, coffee mugs, and other swag here.
Subscribe here:
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.
The Compound Media, Inc., an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. 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. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here: https://www.ritholtzwealth.com/advertising-disclaimers
Please see disclosures here.
