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: Wall Street traders keep underestimating America’s economic strength  Generation Z is unprecedentedly rich Where are growth, inflation and interest rates headed? We asked the economists Home renovations are booming thanks to high rates Bank ... The post Animal Spirits: A Healthy Pullback appeared first on The Irrelevant Investor ..read more

Today’s Talk Your Book is brought to you by Simplify Asset Management:   On today’s show, we spoke with Anupam Ghose, Managing Partner at System Two Advisors to discuss active equity exposure in India On today’s show, we discuss: Why India is different than China Growth opportunities within India How GDP growth translates to higher stock prices Why it’s important to have local staff in India The... The post Talk Your Book: The Bull Case for India appeared first on The Irrelevant Investor ..read more

Articles We are saving and investing for wealth when we should be thinking about income. (By Allison Schrager) Something strange happens when we shift our attention from individual workers to households (By Derek Thomspon) Why so many people don’t believe the inflation numbers. (By Ben Carlson) This is a country that is inhospitable to those who haven’t accumulated any wealth yet. (By Josh Brown) Every time someone cl... The post These Are the Goods appeared first on The Irrelevant Investor ..read more

Today’s Compound and Friends is brought to you by Public: See here for more information on Publics option-trading capabilities and option-rebates On today’s show, we discuss: What if Fed rate hikes are actually sparking US economic boom? 10 popular questions about monetary policy  Mark Cuban’s tax tweet BoA’s Finance Chief: “We’re all struck by just the sheer amount of cash on the sideli... The post The Compound and Friends: The Market’s Going Down Like Free Beer appeared first on The Irrelevant Investor ..read more

There was a further escalation in Israel over the weekend. It always feels a bit crass to talk about investing when lives are being lost, but part of what I do is help investors contextualize awful world events. Intuitively, you might think that geopolitical events would impact the market. It’s true that in general, investors tend to sell risk assets first and ask questions later. But over time, the market cares mor... The post The Thing that Doesn’t Mix Well With Investing appeared first on The Irrelevant Investor ..read more

Today’s Talk Your Book is brought to you by Direxion On today’s show, we spoke with Ed Egilinsky, Managing Director, Head of Alternatives, and Head of Sales and Distribution at Direxion to discuss diversifying away from the Magnificent 7. For more information, see here or email info@direxion.com On today’s show, we discuss: Flows into bullish and bearish funds Magnificent 7 concentration risk Nasdaq 100 eq... The post Talk Your Book: Diversifying Away From the Magnificent 7 appeared first on The Irrelevant Investor ..read more

Articles Instead of viewing behavioral economics as a window, we should regard it as a mirror. (By Jason Zweig) You want to try to emulate skills that are repeatable (By Morgan Housel) The economy is too good to expect a rapid cooling off anytime soon (By Josh Brown) Even the best laid plans can still fail (By Nick Maggiulli) The median payment for a new purchase has doubled since 2021. (By Ben Carlson) Podcasts The movie... The post These Are the Goods appeared first on The Irrelevant Investor ..read more

Human beings respond to danger. For some, the natural instinct is to run, while others prefer to fight back. When it comes to the market, investors would do well to fight that innate reaction. It seems, for the most part, that they have. This new paper from Vanguard “Fund industry’s asset mix offers encouraging sign” shows that the volatility of investors mix of stocks bonds and cash has come way down over t... The post The Shrinking Investor Behavior Gap appeared first on The Irrelevant Investor ..read more

Today’s Compound and Friends is brought to you by Global X: See here for more information on Global X’s full ETF suite On today’s show, we discuss: Hot inflation report derails case for Fed June rate cut  Why have rate hikes not done anything? Larry Fink’s 2024 annual chairman’s letter to investors A meme stock for private companies  The economics of American lotteries  Subscribe here to Th... The post The Compound and Friends: Rates Might Go Higher appeared first on The Irrelevant Investor ..read more

I want to talk about the feelings we get when putting money to work at all-time highs. But first, a quick programming note. Two of the things I love the most are movies and business. Nobody talks about the intersection of my two favorite topics like Matt Belloni. I read him every week at Puck and listen to him every week on The Ringer’s The Town. I can’t wait to have him on a Live TCAF in Los Angeles on April ... The post Don’t Be Afraid appeared first on The Irrelevant Investor ..read more