On today’s show we discuss:
- How markets respond to geopolitical crises
- The most recent jobs report
- The unequal recession
- Women are dropping out of the workforce at an alarming rate
- Why Social Security will never go away
- Facebook meets eTrade
- Pensions and hedge funds
- Public markets are the new private markets
- Credit cards in your mailbox
- This Softbank story did not age well
Listen here:
Recommendations:
- The Price of Peace
- Because I Said So
- A Piece of the Action
- All The Presidents Men (HBO Max)
- Contagion
- Propane space heater
Charts:
Tweets:
Stat of the day via @barronsonline…
US video game sales are forecast to ↑ 19% this yr to $45.6bil. For comparison, the US film box office peaked at $11.9bil in 2018 & has grossed just $1.9bil this yr.
Video games = interactive movies (and generate more $$$)
— Nate Geraci (@NateGeraci) October 3, 2020
It's hard to believe that the last 12 months for the S&P 500 have been better than the 12 months before that. https://t.co/gwDuQ5UDYT pic.twitter.com/1pk3Ob12OI
— Bespoke (@bespokeinvest) October 1, 2020
THREAD: Stock returns by category from Dec 1976 to Dec 2019 for MSCI US, Japan, Europe ex-UK and UK indices, each separated into growth, broad market and value. Description and discussion below, to include charts of different sub-periods. pic.twitter.com/RKVVcAnNR6
— Jesse Livermore (@Jesse_Livermore) October 5, 2020
