Today's Animal Spirits is sponsored by ProShares and Janus Henderson:

The Compound and Friends - Live On Broadway:

Animal Spirits:

On today’s show, we discuss:

• J.P. Morgan Eye on the Market PDF: Califoreboding

• Frenzied Stock-Options Trading Shows Individual Investors Are Still Hungry for Risk

• High Earners Stop Maxing Out 401(k)s, Betting They Can Outsmart Retirement Savings

• Three Things I Think I Think (Weekend Reading #3)

• Affluent and Older Americans Got Much Richer in the Postpandemic Years

• How Fast Do Tariffs Pass Through into Consumer Prices?

• Longshots Losing 98% of Time Dominate Kalshi, Polymarket Trading

• Betting on Hope

• Disney increases park prices every year. Here's how it avoids pricing out families

• Paramount's $52 Billion Debt Sale Shows How Higher Rates Are Biting Corporate America

• Horror Is Hollywood's Hottest Movie Genre These Days

• Why Americans Stopped Falling in Love

• Rischio, rendimento... e buon senso!

Charts:

Tweets/Bluesky:

Recommendations:

• Oasis: Don't Look Back in Anger

• Inglourious Basterds

• Thelma & Louise

• True Romance

• Snatch

• Burn After Reading

• Fight Club

• 12 Monkeys

• The Mexican

• The Glass Hotel by Emily St. John Mandel

Contact us at [email protected] with any feedback, recommendations, or questions.

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