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Today's Animal Spirits is sponsored by Invesco and KraneShares:

Today's show is brought to you by Invesco. Visit Invesco.com to learn more. Invesco. Let's rethink possibility.

To learn more about KraneShares' KOID ETF visit, https://kraneshares.com/etf/koid/?adsource=compound

Animal Spirits:

On today’s show, we discuss:

• US stocks just suffered one of their most stunning reversals in 32 years

• P/E Has Gone Nowhere In 2025

• It's Probably a Bubble, But There Is Plenty Else to Invest In

• Is the Financial Media Too Negative?

• Neil Dutta Says the Fed Is Committing Monetary Malpractice 

• Is Gen Z "utterly screwed"?

• The Middle Class Is Buckling Under Almost Five Years of Persistent Inflation

• Why I'm Selling Some Bitcoin

• It's the Strongest Buyer's Market in Records Dating Back Over a Decade

• Private Equity's Embrace of the Mass Market Alarms Longtime Investors

Charts:

Tweets/Bluesky:

Recommendations:

• The Beast in Me

• Wind River

• Mr. Scorsese

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