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You are at:Home » Animal Spirits: House Poor – A Wealth of Common Sense
Wealth Building

Animal Spirits: House Poor – A Wealth of Common Sense

adminBy adminSeptember 27, 2023No Comments2 Mins Read
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Posted September 27, 2023 by sean

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

YCharts Launches New Partnership with United Planners ...

See here for YCharts latest KPI function, and here for 20% off your initial subscription for new subscribers!

On today’s show, we discuss:

Tropical Bros Shirts:

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People keep piling into $TLT, another $750m this wk, amazing, can’t recall an ETF taking in so much money ($16b, #2 overall) while being down so much and so consistently (esp when you can get just as much yield w no duration risk). Also happened w $KWEB but smaller scale. pic.twitter.com/eP9u9psS7X

— Eric Balchunas (@EricBalchunas) September 26, 2023

BREAKING: A third of Americans earning $150,000 a year or more say they’re living paycheck to paycheck and many rely on credit cards to close the gap, per Moneywise.

— unusual_whales (@unusual_whales) September 25, 2023

Gen X today is signficantly wealthier than Boomers were at about the same age: $600,000 for Gen X vs $500,000 for Boomers

Millennials today are about equal in wealth to Boomers at the same age, just over $100K

All inflation adjusted! pic.twitter.com/exx7urqRFk

— Jeremy Horpedahl 🤷‍♂️ (@jmhorp) September 25, 2023

It’s mostly cringe for middle aged people to gawk at general changes in younger generations, but the anti-socialization of childhood in America is really a stunning thing to see all at once. ht @jean_twenge pic.twitter.com/fpLfdRRdFl

— Derek Thompson (@DKThomp) September 24, 2023

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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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