Today’s Animal Spirits is brought to you by YCharts:
See here for YCharts’ latest research on the real impact of mega-cap stocks on your portfolio.
On today’s show we discuss:
- Building wealth slowly (2021)
- How long do bear markets last?
- The state of the market according to a Goldman trader
- Will the fed get inflation under control?
- Global VC funding in April dipped again
- The Feds uncomfortable truth
- Americans are unretiring
- Vehicle sales mix and heavy trucks
- Real estate affordability
- ABNB earnings
- MSFT earnings
- LYFT earnings
- SPOT earnings
- PTON earnings
- Carvana Father-Son duo down $25B
- NFT sales are flattening
- My YCharts webinar
Animal Spirits NFTs:
- Animal Spirits Community NFT
- Reach out to Audiograph for support on Twitter or Discord
Listen here:
Transcript here:
Recommendations:
- Liam Neeson on Smartless
- Ozark
- Barry
- Severance
- Slow Horses
- Pachenko
- Outer Range
- We Own This City
- The Staircase
Charts:
Tweets:
49% of Nasdaq Composite stocks are down 50%+ from 52-week highs as of 1 PM ET this afternoon.
— Bespoke (@bespokeinvest) May 9, 2022
Move in $TLT and $SPY today, SPY down 3.3%, TLT down 3.6%. The two dots further left were March of 2020 as Covid shutdowns were starting. Lot a pain out there today. pic.twitter.com/ZbWFW74Ip6
— Danny Kirsch, CFA (@danny_kirsch) May 5, 2022
Avg. drawdown for funds that gained 100%+ in 2020 is 57.8% as of today. Avg. YTD loss for these 18 funds is 47.5% through today. https://t.co/3YJE2dbENq
— Jeffrey Ptak (@syouth1) May 10, 2022
YTD, it’s all about value, as @Bloomberg pure value basket is outperforming pure growth basket by 10.8%, most since 2008
[Past performance is no guarantee of future results] pic.twitter.com/g0j75CL5dC— Liz Ann Sonders (@LizAnnSonders) May 6, 2022
Scared? Not me. Not at all. I'll tell you why. This correction is mathematical. Valuations are rationalizing & mean reverting for transparent reasons.
This isn't a pandemic where we have no idea what will happen, nor are 100yr old banks collapsing.
Normal part of the cycle.
— Jenny VL Harrington (@GilmanHill) May 9, 2022
The worst year over year performance for bonds in the fiat currency era.
Historic. pic.twitter.com/SysNB5cMie
— Dylan LeClair 🟠 (@DylanLeClair_) May 7, 2022
Canada home prices. pic.twitter.com/0LDm5T7cVq
— Event Driven (@EventDrivenMgr) May 7, 2022
The best trade I ever made was not in a stock or bond. It was land.
I suspect that when most people win big on something, it's not in the stock market.
It's real estate, or a private business, or something else.
And yet we spend all this time talking about stocks.
— Jared Dillian (@dailydirtnap) May 8, 2022
The correlation between bitcoin and US growth equities is hitting record highs. Both are responding to the Fed’s policy tightening. pic.twitter.com/5g6UexG4Sl
— (((The Daily Shot))) (@SoberLook) May 6, 2022
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