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    Home»Investment»Animal Spirits: Gen Z is on Fire
    Investment

    Animal Spirits: Gen Z is on Fire

    By Staff WriterFebruary 1, 20245 Mins Read
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    Posted January 31, 2024 by sean

    Today’s Animal Spirits is brought to you by Kraneshares:

    See here for Kraneshare’s latest 2024 outlooks on China, the carbon market, and managed futures.


    See here to register for the Future Proof Retreat in March!

    On today’s show, we discuss:

    Listen here:

    Recommendations:

    Charts:

    Tweets:

    The S&P 500 hit an all-time high for the 3rd day in a row today. Here’s a stat for you:

    Historically, the S&P has been within 5% of an all-time high on 44% of all trading days versus the 40% of the time it has been 10% or more below an all-time high.

    Check out the chart: pic.twitter.com/gbuA4jGcWS

    — Bespoke (@bespokeinvest) January 23, 2024

    Demo

    Will the Fed really cut rates with stocks near ATHs?

    I found 20 times (since 1980) they cut rates when the S&P 500 was within 2% of ATHs.

    Higher a year later? 20 times. Whoa. pic.twitter.com/9iXp3ymeL3

    — Ryan Detrick, CMT (@RyanDetrick) January 27, 2024

    I know this can’t last but right now we have:

    5% nominal wage growth

    6% nominal GDP growth

    and 3% inflation

    And the Fed is going to cut interest rates w/stocks at all-time highs pic.twitter.com/zRj23LFYcJ

    — Ben Carlson (@awealthofcs) January 25, 2024

    $NFLX, who’s reporting its Q4 tomorrow, is apparently the clear streaming leader when it comes to TV show content quality.

    Visualizing the number of TV shows available on each major video streaming platform in the United States as of January 2024, ranked by IMDb quality rating: pic.twitter.com/Xr6ND8N6Kl

    — Quartr (@Quartr_App) January 22, 2024

    Longtime collaborators Ben Affleck and Matt Damon are teaming up once again. Affleck will direct Damon in the kidnapping thriller, Animals, for Netflix. pic.twitter.com/IawZdPbpEa

    — Netflix (@netflix) January 25, 2024

    Peacock: Way ahead on subscribers and revenue, but waaaaaaay behind on profit. These points are connected, but cume losses now 5x what was originally pitched to investors in 2020, and 2023 operating profit ($2.7B), versus ($2.5B) in 2022 pic.twitter.com/w8zSuKi01t

    — Matthew Ball (@ballmatthew) January 25, 2024

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    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. 

    Wealthcast Media, 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.

    Wealthcast Media, 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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