On this week’s Animal Spirits with Michael & Ben we discuss:
U.S. Household net worth hits record highs
I knew Dave Ramsey was big, but not this big
Rising rates are a double-edged sword
The bond bull market resulted mostly from high starting rates, not falling rates.
Not everything should be indexed
Should you hedge foreign currency?
Listen here:
Charts
Tweet storm of the week
1/ Forgive the inline response, but @HOpeanddreaM asked @jposhaughnessy a question that provides a great opportunity to dig into some risk stuff, namely: why is gold a poor inflation hedge when they seem to have a decent correlation?https://t.co/1StK2Gcgp2
— Jeremiah Lowin (@jlowin) March 7, 2018
Recommendations
Gad Elmaleh: American Dream on Netflix
Thanks for listening!
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