On this week’s Animal Spirits, we discuss:
Households have $23.5 trillion of equity holdings. That is 40.1% of total household financial assets, and
thus, it is higher than the 1968 and 2007 peaks. Read our full Q1 2018 Quarterly Update https://t.co/P6T80jWlAh pic.twitter.com/uLDUBeosUi
— Ned Davis Research (@NDR_Research) June 19, 2018
$NFLX now has a market value of $175 billion.
The stock would have to surge another 28% to $514 to match AOL's peak market cap of $224 billion in early 2000. AOL then had half the revenue and one-fifth the subscribers Netflix has now.
There's crazy and then there's crazy. pic.twitter.com/f4EgOiQIQx
— Michael Santoli (@michaelsantoli) June 19, 2018
SocGen Global Alpha index highlights:
1. Propriety blend of trend, valuation, and premium harvesting alpha
2. Covers every global asset class- equity, vol, FX, commods, rates, credit
3. Strategy backtest showing 15%+ CAGR
Since launch, the product had an actual CAGR of -1%. pic.twitter.com/0fyZpUwlKX
— Quantian? (@quantian1) June 21, 2018
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