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On today's show, we talk with Perth Tolle from Life + Liberty Indexes. To learn more, go here. On today’s show we discuss: How the makeup of emerging markets have changed over time How freedom affects capital markets The enormous gap between EM market cap and EM population Investor Resources: Freedom ETFs Listen here: Charts: Contact us at animalspiritspod@gmail.com with any feedback, recommendations, or questions.
I was recently invited to be a guest host on ProudMouth’s Top Advisor Marketing Podcast. We spent time talking about: . Underused marketing tactics that are absolute gold for advisors. Leading and lagging indicators of marketing success. Two marketing tactics that give you the most bang for your buck. The one page that’s guaranteed to get the most traffic on your website.
U.S. employers created 379,000 new jobs in February. This news generated much celebration and, for those who fear inflation, some worry. Keep in mind that these numbers have many statistical limitations. Even if they’re exactly right, the trends over time mean more than any single report. That said, this one does concern me. Not so much for the data itself, but rather for the way it excites some people.
The two most common questions that Ben and I get in our Animal Spirits inbox are: "What do I do with my cash?" And "How do I become a financial advisor?" I want to talk about the latter one today. Before offering up some advice, I want to briefly share my story of how I got into the industry. I started my career at an insurance company. The people at this agency held themselves out as financial planners.
As businesses increasingly adopt automation, finance leaders must navigate the delicate balance between technology and human expertise. This webinar explores the critical role of human oversight in accounts payable (AP) automation and how a people-centric approach can drive better financial performance. Join us for an insightful discussion on how integrating human expertise into automated workflows enhances decision-making, reduces fraud risks, strengthens vendor relationships, and accelerates R
Today’s Animal Spirits is brought to you by Interactive Brokers. On today’s show we discuss: Come work with us (email hiring@ritholtzwealth.com) My wife and I spoke to the FT about Top Shot, LOL Some details on the America Rescue Plan How Ark's size is affecting how it invests People are going nuts for non-fungible tokens Housing, we have a problem Zillow also takes 6% Why housing prices are up and rents are down Jack Dorsey is the CEO of two companies Some details on how replaced credit cards
We all love stories. As a child, I loved The Berenstain Bears. As an adolescent, I was into Goosebumps. As a grown-up, I spend most of my days reading about the stock market. They're fictional for the most part, and right now, they're a lot of fun. Turning points are like the Choose Your Own Adventure Books. After years and years of growth outperforming value, the pendulum is finally swinging the other way.
Stock prices are said to climb a wall of worry. These days, that worry is inflation. Igor Vasilachi at Verdad is out with a new piece detailing how investors can best position themselves for an inflationary environment. The chart below shows inflation beta, or how sensitive an asset class is to inflation. For example, with an inflation beta of 4, the regression would suggest that a 1% increase in inflation would lead to a 4% increase in commodities over a given period.
Stock prices are said to climb a wall of worry. These days, that worry is inflation. Igor Vasilachi at Verdad is out with a new piece detailing how investors can best position themselves for an inflationary environment. The chart below shows inflation beta, or how sensitive an asset class is to inflation. For example, with an inflation beta of 4, the regression would suggest that a 1% increase in inflation would lead to a 4% increase in commodities over a given period.
It's incredible how quickly things can change in the market. In October , I posted a chart showing the laggards in the stock market relative to the leaders. I said: This is not the laggards first attempt to take the baton back from the leaders. None of the previous rallies stuck. Is this the one that finally does? I’ll tell you in two months. Humblebrag, I know.
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We just witnessed the only recession in the history of this planet where the personal savings rate hit a 50-year high. This chart, which I think is the most important one from the last decade, comes from J.P. Morgan's Guide to Retirement. During a recession, the economy contracts, and people lose their job. And when they lose their job, they lose the ability to save money.
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