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Animal Spirits Podcast

The Fed is Being Punished (EP.261)

Animal Spirits Podcast

The Compound

Investing, Business News, Business, News

4.7 • 2.1K Ratings

šŸ—“ļø 15 June 2022

ā±ļø 51 minutes

šŸ§¾ļø Download transcript

Summary

On this week's show we discuss the current market sentiment, the official bear market in U.S. stocks, why the Fed is making a mistake, the insane move higher in interest rates, the crypto winter and more. Ā  Find complete shownotes on our blogs...Ā Ben Carlson’s A Wealth of Common SenseĀ Michael Batnick’s The Irrelevant InvestorĀ Like us on FacebookĀ And feel free to shoot us an email at animalspiritspod@gmail.com with any feedback, questions, recommendations, or ideas for future topics of conversation.Ā  Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Today's show is brought to you by Nasak.

0:04.0

We've spoken about this server that they've done with Merlin AI and we're actually going

0:10.8

to talk about this in a second about Stanley Druckenmiller.

0:14.7

One of the greatest money managers of all time is basically like, listen, I don't know.

0:19.6

I got nothing.

0:20.6

This is pretty hard.

0:21.6

I've never really seen anything quite like this.

0:23.4

I'm more in humility mode.

0:25.0

Let's just wait and see.

0:26.6

So one of the questions that they asked and this was advisors and they said, which best

0:31.6

describes your investment style, 415.

0:36.2

So basically, it looks like around two thirds, well, let's check my math.

0:40.8

I don't want to miss what the data.

0:43.4

Two thirds said acid allocation with buying hold.

0:46.6

Two thirds said acid allocation with a buying hold philosophy.

0:51.1

The other third said dynamic tactical trading and opportunistic.

0:57.0

You think that's a pretty good way that if you had to break the market itself down like

1:01.0

regular investors, do you think that's pretty close to that or do you think there aren't

1:06.1

that many buying hold investors?

1:07.6

Oh, oh, oh, I was going to say the opposite.

1:09.5

I was going to say the market is maybe dominated by buying hold investors, but I think it's

1:12.4

more.

...

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