Animal Spirits: The Year of Disappointment

Today’s Animal Spirits is brought to you by YCharts:

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On today’s show, we discuss:

Stock pickers failed to take part in first-quarter rally
Tech investing via Verdad
Deposit outflows shine light on Fed program that pays money-market funds
Why one firm’s 3,612% return is drawing the ire of hedge funds
A historic labor market recovery
Wages ma…

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