On today’s show we discuss:
- The agony of Tesla bears
- Young people are trading, is that bad?
- My experience with trading
- 10 thing Jonathan Clements wish he knew in his 20s
- 90% of Americans satisfied with personal life, yea right
- The millennial wealth gap isn’t that bad?
- Vanguard’s move into private equity
- Bond funds. So hot right now
- Mortgage rates are falling
- Spotify buys The Ringer
- The downside of sports gambling
- NYC broker fees are disappearing
- Instagram versus YouTube
- To spot the next recession, keep an eye on the Mahalanobis index
- Americans to inherit $764 billion this year, mostly tax-free
- A survey on tipping
Listen here
Recommendations
Tweets
Made my first option trade. ?????? Praying I can really keep this going as a steady income. Any tips for me. Please LMK!
— rachaelostovich (@rachaelostovich) February 6, 2020
what stage of the cycle is this @awealthofcs @michaelbatnick pic.twitter.com/rBrGyLZhKM
— LVD (@LVDTrades) February 4, 2020
Pretty interesting chart via @taxfoundation. Do you live in a hyperinflation zone like I do? pic.twitter.com/zJUiOhyrQj
— Cullen Roche (@cullenroche) February 7, 2020
Debt as a % of GDP looks a little less frightening when you show interest as a % of GDP. pic.twitter.com/UFFzcAAdf1
— Michael Batnick (@michaelbatnick) February 9, 2020
Major TV news programming more pessimistic about #2019nCoV (coronavirus) than swine flu (2010), ebola (2014), and Zika (2016). Financial news (e.g. Bloomberg and CNBC) have become hyper-focused on the spreading virus. pic.twitter.com/OKRFzI2xWt
— Arbor Data Science (@DataArbor) February 9, 2020
Charts

