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Today’s Animal Spirits is sponsored by:

This episode is sponsored by WisdomTree. To learn more, visit https://www.wisdomtree.com/geopolitical-opportunities

International and emerging market stocks outperformed the U.S. in 2025. At ClearBridge, we believe this momentum can continue. Find out more at https://www.clearbridge.com/

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Animal Spirits:

On today’s show, we discuss:

• ExhibitA for Advice

• One of the Stock Market’s Last Havens Is Now at Risk

• More Americans Are Breaking Into the Upper Middle Class

• The Upper Middle Class Trap

• Higher gas prices have cost U.S. drivers an additional $8.4 billion, Democrats say

• Gas Just Hit $4 a Gallon. Is That Really as Bad as It Sounds?

• Busting the AI Youth Unemployment Myth

• The Typical U.S. Home Is 44 Years Old–And Needs Tons of Work

• How the Midwest Became the Place to Move

• He Brought Private Credit to the Masses. Now the Masses Are Fleeing.

Charts:

Tweets/Bluesky:

Twitter tweet

Recommendations:

• Rooster

• Crime 101

• Is This Thing On?

Contact us at animalspirits@thecompoundnews.com with any feedback, recommendations, or questions.

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Check out our t-shirts, coffee mugs, and other swag here.

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