Animal Spirits: Record Outflows

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On today’s Animal Spirits we discuss:

The gap is closing between active and index

Can unemployment signal a recession

Some more unemployment numbers

J.P. Morgan’s Guide to the Markets

Stocks look attractive

Alphabeticity Bias

Credit Card Perks

Do women hedge fund managers outperform?

Tough year for Einhorn

Good year for Bridgewater

High earners living paycheck to paycheck

Millennials are delusional 

Listen here:


The Wealthy Barber

The Coddling of the American Mind

Impossible to Ignore

Charts mentioned


Tweets mentioned