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Animal Spirits: A Healthy Pullback

by Theinsightpost
April 24, 2024
in Finance
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Animal Spirits: A Healthy Pullback


Posted April 24, 2024 by sean

Today’s Animal Spirits is brought to you by Franklin Templeton:

See here for more information on the Franklin High Yield Corporate ETF (FLHY)

On today’s show, we discuss:

Listen here:

 

Recommendations:

Charts:

Tweets:

Market coming off an all-time heater. $SPX surged 25% in 5M for 7th time since WWII. Previous dates should sound familiar for end of major bears (2/75, 11/82, 7/09, 8/20). 3/86 is an exception. Fed cut 11 times from 11/84-8/86. Note ’86 case had worst 6m returns @NDR_Research 1/2 pic.twitter.com/0CkfVEXFBN

— Ed Clissold (@edclissold) April 22, 2024

One of the craziest COVID era charts I’ve seen

New business apps have soared nearly 60% since the late 2010s

Necessity — or being so fed up by a mediocre status quo — is the mother of invention, they say pic.twitter.com/zsXbDjW4K8

— Callie Cox (@callieabost) April 20, 2024

In my opinion, this is an absolutely major theme in the coming years.

A massive wage arbitrage has opened between the US and its competitors. The overwhelming majority of people in the US have no idea just how much more money they make than the Japanese, French, British, etc. pic.twitter.com/k8ovyCXa7O

— Jeff Weniger (@JeffWeniger) April 16, 2024

$PG‘s Jan to Mar 2024 Quarter:

—Pricing: +3%
—Volume: 0%. https://t.co/FojitxNX8h pic.twitter.com/p5uJzbqU75

— The Transcript (@TheTranscript_) April 19, 2024

APOLLO: younger generations would have a more negative impact from higher interest rates given generally higher FICO scores pic.twitter.com/1XeE7xVbqU

— Sonali Basak (@sonalibasak) April 18, 2024

The Knicks have added referee tendency statistics to their media notes.

First time they have offered this info publicly is in their game notes they give to media before Game 1: pic.twitter.com/hf7sv3rWt8

— Fred Katz (@FredKatz) April 20, 2024

?’Field of Dreams’ premiered in theaters 35 years ago, April 21, 1989 pic.twitter.com/FNckbVvwM4

— RetroNewsNow (@RetroNewsNow) April 22, 2024

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

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This episode is sponsored by Franklin Templeton. To learn more about the Franklin High Yield Corporate ETF (FLHY), please see the link in the description

Nothing in this blog constitutes investment advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security.  Any opinions expressed herein do not constitute or imply endorsement, sponsorship, or recommendation by Ritholtz Wealth Management or its employees. 

The Compound, Inc., an affiliate of Ritholtz Wealth Management, received compensation from the sponsor of this advertisement. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investing in speculative securities involves the risk of loss. Nothing on this website should be construed as, and may not be used in connection with, an offer to sell, or a solicitation of an offer to buy or hold, an interest in any security or investment product.

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

The Compound Media, Inc., an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here: https://www.ritholtzwealth.com/advertising-disclaimers

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