We just witnessed the only recession in the history of this planet where the personal savings rate hit a 50-year high. This chart, which I think is the most important one from the last decade, comes from J.P. Morgan’s Guide to Retirement. During a recession, the economy contracts, and people lose their job. And when…
Here’s what I chewed on last week
On today’s show we talk with Paul Kim from Simplify about some of the exciting ideas he’s cooking up
Every time stocks fall a little, it feels like they’re going to fall a lot.
Clubhouse and Spaces are going to be huge
The stock market always sees things before we do
On today’s show we discuss:
-The yield tantrum
-Buffett’s annual letter
-RobinHood’s IPO, and much more
The housing market is on fire
To say they’re one of several inputs instead of the only input is not to minimize their importance, but to state reality.
Investors are ravenous