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Animal Spirits: Money Buys Happiness
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On today’s show, we discuss:
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Tweets:
Another fake jobs report out from Biden-Harris government today
16 of the last 17 reports have been significantly revised downwards after media helps them with their fake headlines
But all the fake numbers in the world aren’t going to fool people dealing with the Biden-Harris… x.com/i/web/status/1…
— Marco Rubio (@marcorubio)
4:53 PM • Oct 4, 2024
NEW: we may have passed peak obesity 🎉📈📉🙏
In what might be one of the most significant trends I have ever charted, the US obesity rate fell last year.
— John Burn-Murdoch (@jburnmurdoch)
11:21 AM • Oct 4, 2024
driving around my neighborhood.
whether it's another storm surge or 100mph+ winds, this is gonna get really ugly in a few days.
— Corey Hoffstein 🏴☠️ (@choffstein)
2:09 AM • Oct 7, 2024
If we get a soft landing from rate cuts that likely means mortgage rates don't fall all that much
Not great news for prospective homebuyers
Solution:
The Fed should seek to narrow the spread between mortgage rates & Treasuries which is abnormally high
awealthofcommonsense.com/2024/09/is-a-s…
— Ben Carlson (@awealthofcs)
2:33 PM • Sep 30, 2024
NFIB Small Business Uncertainty Index spiked to an all-time high in September
— Kevin Gordon (@KevRGordon)
1:00 PM • Oct 8, 2024
We are a nation of trucks
OEMs have prioritized higher-mix/margin vehicles for production, and as such, inventory mix has moved heavily towards light trucks.
— Mike Zaccardi, CFA, CMT 🍖 (@MikeZaccardi)
2:28 PM • Oct 5, 2024
ASK THE COMPOUND LIVE WITH @awealthofcsx.com/i/broadcasts/1…
— The Compound (@TheCompoundNews)
5:01 PM • Oct 2, 2024
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