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Strength. Scale. Liquidity. All in one trade.

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Today's Animal Spirits is sponsored by TradePMR and Fabric by Gerber Life:

Today’s episode is sponsored by TradePMR. Details on TradePMR Asset Match Program ( https://hubs.li/Q03XS3Sj0 )

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Animal Spirits:

On today’s show, we discuss:

• ExhibitA for Advice

• Oracle’s $10bn Michigan data center in limbo after Blue Owl funding talks stall

• The Best and Worst New ETFs of 2025

• Why My Generation Is Turning to ‘Financial Nihilism’

• For Gen Z-ers, Work Is Now More Depressing Than Unemployment

• Presentations - Ben Evans

• States Are Raking In Billions From Slot Machines on Your Phone

• When Alts Go Bad: The BlueRock Blowup and a Liquidity Wake-Up Call

• Wall Street’s Big, Bad Idea for Your 401(k)

• The Private-Credit Party Turns Ugly for Individual Investors

• Matthew Rhys Is In Talks With Netflix Over Adaptation Of Robert Caro’s ‘The Power Broker’

Charts:

Tweets/Bluesky:

Recommendations:

• The Uncool,  A Memoir By Cameron Crowe

• Grosse Pointe Blank

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