In these excerpts from episode 174 of the Animal Spirits podcast, Michael and Ben discuss who owns the stock market, the rise of alternative investments, the time value of money, the market wisdom of Jon Boorman, and the worst chart in all of finance.
Listen to the full podcast episode (link below) to hear Michael and Ben discuss why the price of oil is losing its luster as a macro indicator, who owns the stock market, the rise of new investment classes, Robinhood as the financial hub for millennials, why people aren't happier and more.
You can get a new episode of the Animal Spirits podcast every week wherever fine podcasts are streamed:
https://open.spotify.com/show/71siUnIMn0iQY7Kz5BQSqJ?si=M5qNwTj-R-eZB5WTavidyg
https://podcasts.apple.com/us/podcast/animal-spirits-podcast/id1310192007
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