On today’s Animal Spirits, we discuss
Leveraged loan default rates are not something to worry about right now
Housing is 15-18% of GDP (I said 12-13% on the show)
Existing home sales are dropping
Eaton Vance with some good slides on leveraged loans
Where does…chocolate milk come from?
Listen below
Charts Mentioned








Recommendations
The Lost City of the Monkey God
My Life As a Humble Comedy Legend