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Animal Spirits: Buying a House at the Top of the Market

Animal Spirits: Buying a House at the Top of the Market

Michael Batnick
July 10, 2024

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On today’s show, we discuss:

Listen here:

Buying a House at the Top of the Market (EP.368)

On episode 368 of Animal Spirits, Michael Batnick and Ben Carlson discuss: why the stock market never really changes, why this is the hardest it's ever been to beat…

podcasts.thecompoundnews.com/show/animalspirits/buying-a-house-at-the-top-of-the-market-ep368

Recommendations:

Charts:

Tweets:

I knew market cap weighted was crushing equal weighted. I knew tech was crushing ex-tech. I did not know that equal weighted tech was underperforming the equal weighted market, 2.1% vs 2.5%. Crazy times.
— modest proposal (@modestproposal1)
9:30 PM • Jul 8, 2024

So far, the S&P 500 has proven it can handle higher rates ... a year ago, the 10y Treasury yield was 3.85% and the S&P 500 was at 4,455; today, the 10y is up to 4.44% and the S&P 500 is at 5,475
— Kevin Gordon (@KevRGordon)
12:27 PM • Jul 2, 2024

Economy so bad 83% of Americans are living airport-to-airport
— Dow (@mark_dow)
1:53 PM • Jul 8, 2024

Alas, looks like the US economy is cooling quicker than most analysts think. The Bloomberg US Economic Surprise Index has dropped to a 9-year low.
— David Ingles (@DavidInglesTV)
4:11 AM • Jul 4, 2024

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