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    Home»Investment»Animal Spirits: What is Upper Middle Class?
    Investment

    Animal Spirits: What is Upper Middle Class?

    By Staff WriterJuly 24, 20254 Mins Read
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    Posted July 23, 2025 by Ben Carlson

    Today’s Animal Spirits is brought to you by Vanguard and YCharts:

    This episode is sponsored by Vanguard. Learn more at: https://vgi.vg/3GbOsYM.

    Click the link, https://go.ycharts.com/one-big-beautiful-bill-act?utm_source=Animal_Spirits&utm_medium=Original_Research&utm_campaign=OBBBA_Deck&utm_content=Podcast to download the deck for free, and get 20% off your initial YCharts Professional subscription when you start your free YCharts trial through Animal Spirits (new customers only)

    On today’s show, we discuss:

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    US stock market traded 20 billion shares today. One stock, $OPEN , was responsible for almost 10% of the volume (1.86 bill shares)

    — Joe Saluzzi (@JoeSaluzzi) July 21, 2025

    He is exactly wrong. Investing *is* easy. Buy the 500 best businesses in the world. Enjoy your life. Play with your kids. Buy the dip. Never sell. Be an active member of your community. Double your money roughly every seven to ten years by doing nothing. Investing is easy https://t.co/sjWAd9l7hD

    — BuccoCapital Bloke (@buccocapital) July 21, 2025

    #Bitcoin has slowly become less volatile over the last decade and its recent volatility is extremely low.  This favors incremental adoption but also suggests future returns will be lower than historical norms.$BTC pic.twitter.com/fAhhKFRK2C

    — Nick Colas & Jessica Rabe (DataTrek) (@DataTrekMB) July 17, 2025

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    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

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    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.

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