Animal Spirits: What is Upper Middle Class? Mag 7 is swallowing the stock market Small caps are cheap Sentiment is broken forever Everyone thinks they're gonna be rich Will Bitcoin crash in the next recession? The best movie year ever (1999) & more

What is Upper Middle Class? | Ep 422🎙️ @awealthofcs and @michaelbatnick discuss why stock market returns can't be 15% per year forever, putting the Mag 7 into context, small caps are cheap, Opendoor is the new meme stock, investing is easy, owning 50% of a single stock in your Roth IRA, explaining Bitcoin, losing your iPhone and more!💸 Sponsored by: @Vanguard_Group and @ycharts YouTube⏯️ Podcast🎙️

My entire adult life: taxes have nowhere to go but up to pay for all this government spending. they have to rise [another tax cut like every 6 years like clockwork] Ah well. Nevertheless

Everyone thinks 0% interest rates were the cause of a lot of speculative behavior during the pandemic Maybe they were But we're seeing meme stocks again w/interest rates at 4-5% The dot-com bubble happened w/a 6% 10 year Treasury yield Rates don't matter as much as you think

My book, The Wealth Ladder, is now available:

Man’s Best Friend🐶💸 @awealthofcs @duncanhillphoto ⏯️

The 1980s/1990s bull market is the greatest US run of all-time We're not quite there but the 2010s and 2020s are in the ballpark No one predicted this coming out of the Great Financial Crisis

What Stops This Train? "We keep hearing stories about how stressed people are about money but it doesn’t seem to matter. Americans just keep spending despite everything." by @awealthofcs

It’s All About the Money🫰💸🫰💸 @michaelbatnick @awealthofcs ⏯️

The CEO guy at the Coldplay concert is Epstein’s long lost brother It’s the only legitimate explanation (trying to be a conspiracy theory guy to see how it feels)