Animal Spirits: Late Cycle

On today’s Animal Spirits, we discuss:

Sentiment washout and stocks still can’t bounce

The Incredible Hulk of alternatives

Money cannot buy rich people more happiness

67% of workers earning >$100k are going to quit their jobs

Willing to pay for outperformance

Amazon over alcohol?

Madoff victims being made whole

Open toys, get rich

My winter coat

Listen here:

Tweets Mentioned:

Charts Mentioned:


Beautiful Boy


Only Yesterday