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Animal Spirits: The Teflon Economy

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Animal Spirits: The Teflon Economy

adminBy adminJune 10, 2026No Comments5 Mins Read
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Today’s Animal Spirits is brought to you by Nuveen and ClearBridge:

–

Rising geopolitical tensions, continued market uncertainty, stocks backed by can offer more predictable cash flows as volatility increases. Visit https://www.clearbridge.com/ to learn more.

On today’s show, we discuss:

Listen here:

Charts:

Recommendations:

Tweets/Bluesky:

Dip buyers have been rewarded pretty well in this bull run. See a 2% down day on S&P 500 like on Friday? Buy the dip!

Since the start of the bull market, there have been 13 other 2% down days.

Four days later, $SPY was higher 11 of 13 times with a median gain of 1.2%. pic.twitter.com/WrwX6lvqBC

— Bluekurtic Market Insights (@Bluekurtic) June 7, 2026

SHOCKER: S&P 500 will NOT fast track SpaceX. So it will take AT LEAST a year, probably more. This is wild considering every other big boy index is 5-15 days. This could create significant return dispersion bt ‘passive’ indexes. Choose wisely. https://t.co/EG7R5IfX0u

— Eric Balchunas (@EricBalchunas) June 4, 2026

https://t.co/R0BaJMlZyP

This is just 1 source but a quick google search will give you plenty more.

— MrHwang (@MrHwang53020279) June 7, 2026

Activity is not productivity.

Many signs of a surge in knowledge work output post chat GPT, but no signs of any meaningful increase in the real sales per worker at the economy wide level. pic.twitter.com/tAPlBHY9NJ

— Bob Elliott (@BobEUnlimited) June 7, 2026

12 REASONS WHY IT’S THE COLDEST CRYPTO WINTER EVER

Back in February I wrote a list of 10 reasons why this the worst crypto winter ever.

Well everything I cited then still holds, but now I have 2 more ways it’s gotten worse:

From the newsletter https://t.co/25c7dc8ulW pic.twitter.com/U1cJTKkHnj

— Joe Weisenthal (@TheStalwart) June 2, 2026

Strategy has acquired 1,550 BTC for $101 million to increase our $BTC Reserve to ₿845,256. We have also increased our USD Reserve by $100 million to $1.0 billion. $MSTR $STRC https://t.co/1Zf1AVsP1H

— Michael Saylor (@saylor) June 8, 2026

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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.

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

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