On this week’s Animal Spirits, we discuss:
Social media and financial reporting
How interest rates affect everything
Parents are spending money on their adult children
Listen here:
Charts mentioned
Tweets mentioned
S&P 500 earnings are expected to increase 26% this year. If that expectation is met & S&P ends the year at current levels, its P/E ratio would go from 21.4 to 18.3. Would be first year of multiple contraction since 2011. $SPX pic.twitter.com/6p5SdFiEEI
— Charlie Bilello (@charliebilello) October 8, 2018
Pretty amazing chart showing equity performance so far in October based on market cap. The smaller the stock, the bigger the drop. https://t.co/4bXK1x5UXk $SPY $$ pic.twitter.com/H1rybtOmg4
— Bespoke (@bespokeinvest) October 8, 2018
Recommendations
The Wizard of Menlo Park
Soros on Soros
The overspent American
