Today’s Animal Spirits is brought to you by YCharts
On today’s show we discuss:
- The biggest crash in world history is coming
- Every famous/rich person is a troll (even if they don’t know it)
- Sports gambling hitting the mainstream
- Crypto paychecks
- Richer than ever
- Save now, buy later
- Apple IDs
- FedEx Warning
Giant stock market crash coming October. Why? Treasury and Fed short of T-bills. Gold,silver, Bitcoin may crash too. Cash best for picking up bargains after crash. Not selling gold silver Bitcoin, yet have lots of cash for life after stock market crash. Stocks dangerous. Careful
— therealkiyosaki (@theRealKiyosaki) September 26, 2021
89% of people got this wrong. Median existing home nationally was $349.53k after seasonal adjustment in August, meaning $12,233 in down payment is the minimum for a first time buyer via FHA loan.
That's less than 500 hours of non-managerial workers' average hourly wage. https://t.co/cvjRvA4wyJ
— George Pearkes (@pearkes) September 27, 2021
This chart (h/t @sarafischer's media trends) is fascinating. The Oscar spikes correspond with blockbusters (2009 is Avatar, 2014 is Gravity and Frozen, and 2019 is Black Panther), The Grammy spikes with popular artists (2012 AOTY was Adele, Bruno Mars, Rihanna, and Lady Gaga). pic.twitter.com/37eDQz0qHx
— Karl Delossantos (@karl_delo) September 21, 2021
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