Today’s Animal Spirits is brought to you by Techmeme Ride Home
On today’s show we discuss
- IMF growth forecasts
- Howard Marks has some questions
- The economic reopening
- Dr. Fauci on sports and other events
- Millennials don’t stand a chance
- A second round of coronavirus layoffs
- Gig workers stuck in limbo
- Advertising is in the toilet
- Airlines reach agreement
- What’s this doing to the real estate market?
- The sharp decline in housing activity
- Rapid increased in missed mortgage payments
- Are colleges in trouble?
- Harvard got $9 million
- CalPERs tail-hedge unwind
- This is why we’re angry
- Netflix worth more than Disney
- People are having weird dreams
- Changes in people’s spending habits
Listen here
Recommendations
Charts
Tweets
SBA: "As of 4:15pm today, the SBA is reporting that there have been over 1,422,000 applications approved totaling over $308 billion, and over 4900 lending institutions."
— Zachary Warmbrodt (@Zachary) April 15, 2020
SMALL-BUSINESS AID PROGRAM SET TO RUN OUT OF MONEY LATER TODAY, SOURCE SAYS
— *Walter Bloomberg (@DeItaOne) April 15, 2020
Another little moment of corporate history: with its latest rise to a new high, Netflix's market cap has overtaken both Cisco and ExxonMobil, both once valued at more than $500bn, and both once the biggest company in the US. There's money in streaming: pic.twitter.com/VglsaqbpEV
— John Authers (@johnauthers) April 15, 2020
According to a survey done by Bank of America, asset managers haven't held this much cash in their portfolios since the aftermath of 9/11 https://t.co/jsKItbybAB pic.twitter.com/847LerTCSl
— Joe Weisenthal (@TheStalwart) April 14, 2020
Wow, Schwab saw a 268% jump in daily avg trades on their platform in Q1 YoY. Here's how insane that growth rate is historically speaking… h/t @mbarna6 $SCHW pic.twitter.com/mznQf20KbN
— Eric Balchunas (@EricBalchunas) April 15, 2020
Wow! pic.twitter.com/1E978H96QM
— Bespoke (@bespokeinvest) April 14, 2020
