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- Animal Spirits: Is $1 Million a Lot of Money?
Animal Spirits: Is $1 Million a Lot of Money?
Michael Batnick
February 12, 2025
Today's Animal Spirits is brought to you by ProShares and Fabric:
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The Compound Podcasts:
On today’s show, we discuss:
The 401(k) Has Reached a Tipping Point in Its Takeover of American Retirement
Most Americans watch TV during dinner; 41% talk to the people they're with
RFK Jr. had up to $1.2 million in credit card debt -- what experts say about tackling high balances
Even Disney Is Worried About the High Cost of a Disney Vacation
Charts:
Tweets:
Holy shit.
— fejau (@fejau_inc)
3:04 PM • Feb 7, 2025
This is a favorable development. Big businesses generally pay better, do more training, engage less in wage theft and other abuses and have more upward mobility.
— Jason Furman (@jasonfurman)
5:06 PM • Feb 8, 2025
$BABA acquiring 10% stake in DeepSeek
— The Long Investor (@TheLongInvest)
10:34 AM • Feb 7, 2025
The median age of buyers increased to a peak of 56 years old, up from 49. The median first-time buyer age increased to 38, increasing from 35, while the typical repeat buyer age also increased to 61 from 58. These are all record highs.
— NAR Research (@NAR_Research)
11:00 PM • Feb 7, 2025
The easiest way to tell if someone is out of touch financially—ask them whether they think $1 million is a lot of money.
Hint: It is. It's not what it used to be, but it still is.
— Nick Maggiulli (@dollarsanddata)
1:35 PM • Jan 30, 2025
🎬'Billy Madison' starring Adam Sandler premiered in theaters 30 years ago, February 10, 1995
— RetroNewsNow (@RetroNewsNow)
4:01 AM • Feb 11, 2025
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