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Animal Spirits: When Will Houses Be Affordable Again?
Michael Batnick
May 15, 2024
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On today’s show, we discuss:
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Passive fund ownership of the S&P 500 is about 24% today- up from 7% ten yrs ago. Meaning that on average an SPX stock has 24% of its shares out owned by index funds (which can incl smart-beta or themes tho). Great study out today from @JSeyff here: blinks.bloomberg.com/news/stories/S…
— Eric Balchunas (@EricBalchunas)
7:35 PM • Apr 24, 2024
My dad always used to say that the way you build wealth is by building equity in your home.
My housing plan would help Americans achieve homeownership by giving households $400 a month for two years when they buy their first home.
— President Biden (@POTUS)
10:00 PM • May 10, 2024
A record 63% of US workers are satisfied with their jobs. That’s the highest level ever for this survey which goes back to 1987. Take a look at the spike upward after the pandemic.
— Eric Soda (@EricSoda)
6:44 PM • May 8, 2024
If these numbers were the opposite, if homicides were up 19% so far this year it would be the number one, or at least top three domestic story.
— Chris Hayes (@chrislhayes)
10:40 PM • May 7, 2024
"Bone Tomahawk" director S. Craig Zahler is set to reunite with his “Dragged Across Concrete” and “Brawl in Cell Block 99” star Vince Vaughn and Oscar winner Adrien Brody for new crime thriller “The Bookie & the Bruiser.
— Variety (@Variety)
1:50 PM • May 8, 2024
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