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Today’s Animal Spirits is sponsored by Grayscale and Janus Henderson Investors:

This episode is sponsored by Grayscale. To learn more, visit https://www.grayscale.com/

This episode is sponsored by Janus Henderson Investors. Visit https://www.janushenderson.com/securitizedmarkets

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Animal Spirits:

On today’s show, we discuss:

• Don’t Take Financial Advice From Hedge Fund Managers

• Chart of the Day: The U.S. Leads the World in Stock Ownership

• Earnings Insight: FACTSET

• Charts of the Week: The Fastest V-Shaped Recovery Ever

• Google outpaces rivals as Big Tech’s AI spending plans rise to $725bn

• The great commodities disruption

• Where Americans Are Drawing the Line on Price Increases

• Americans feel worse off financially than at any point in 25 years, Gallup finds

• U.S. Debt Tops 100% of GDP

• The deficit is Wall Street’s version of virtue signaling. – Steve Eisman

• The Radiologist Paradox

• Why the A.I. Job Apocalypse (Probably) Won’t Happen

• Why This is Not Another Housing Bubble

• Peek under the Hood: An Analysis of Private Credit Loans in Top Public BDCs

• Why Almost Everyone Loses—Except a Few Sharks—on Prediction Markets

• How American Dads Became the Parents Their Fathers Never Were

Charts:

Tweets/Bluesky:

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Recommendations:

• Marty Supreme

• The History of Money: A Story of Humanity

• BEEF: Season 2

• Your Friends & Neighbors

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

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