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Today’s Animal Spirits is sponsored by Xtrackers by DWS

Today’s show is brought to you by Xtrackers by DWS. Find out more at https://xtrackers.com

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Animal Spirits:

On today’s show, we discuss:

• Audience Survey

• Peter Thiel: Capitalism Isn’t Working for Young People

• The Benefits of Bubbles

• AI Could Be the Railroad of the 21st Century. Brace Yourself.

• Advisor Playbook

• Tech Returns by CapEx Spend

• Cockroaches in the Coal Mine

• Wealthy Travelers Are Splurging on Luxury Hotels Like Never Before

• Schwab Trading Activity Index (STAX) Summary: October 2025

• First-Time Home Buyer Share Falls to Historic Low of 21%, Median Age Rises to 40

• K-Shaped Recovery

• OpenAI Isn’t Yet Working Toward an IPO, CFO Says

• Builders Are Offering Mortgage-Rate Discounts. Home Buyers Aren’t Biting.

• Why Car Insurers Are Under Pressure to Cut Rates

• What a poll of 9,000 adults reveals about aging in America

Charts:

 

Tweets/Bluesky:

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Recommendations:

• Pluribus

• Materialists

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

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