On today’s Animal Spirits, we discuss:
- The 60/40 is dead. Again
- But it has worked even when bond returns have sucked
- Why don’t rich people just stop working?
- Carl Icahn’s succession is like real life Succession
- Are influencers a winner take all game?
- Housing and recessions
- Wait, what about buyback data?
- The best predictor of stock returns
- The least happy age
- How households invest
- Bob Iger’s big bet that Ben doesn’t think is a big bet
- Hanky panky in the futures market?
- Not exactly
- What is the fed doing now?
- I Heard You Paint Houses
- The Spy (Netflix)
- Netflix Versus Blockbuster
- Ten thousand shorts
Really enjoyed the @bespokeinvest post yesterday about volume. Basically: stocks go up when volume is below average and down when volume is above average and the notion that rallies lacking volume aren't "real" is fake news. pic.twitter.com/3pFF5q3QOi
— Myles Udland (@MylesUdland) October 16, 2019
The S&P 500's dividend yield is above the 10 year Treasury yield right now
The 40 other months this happened from 1970-present, $SPX was up 95% of the time 1 year later
— SentimenTrader (@sentimentrader) October 16, 2019
(Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers click here.)