This week’s Animal Spirits with Michael & Ben is supported by YCharts:

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We discuss:

Trillion-dollar companies

The massive rise in Tesla shares

Why doesn’t financial literacy work?

Coming up with a new US retirement system

Why its time to move on from the 401k

Ben’s 5 point plan for a new retirement system

How many people are dependent on social security for retirement?

Why wages are rising for people are the bottom of the income scale

Why more governing is happening at the state and local levels

Stop blaming the Fed for everything (only some things)

Where’s the volatility in the stock market

How bull markets generally work

Where is all of the euphoria in the markets?

What are reasonable long-term return assumptions?

What’s the point of having physical credit cards anymore?

A fundamental reshaping of finance or woke investing?

Where have all the start-ups gone?

Why do all NBA players want to be VCs these days?

Are yawns really contagious?

Why owning a home isn’t for everyone

How many young people should have 100% of their retirement money in stocks?

Is there any alpha on Twitter?

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