Animal Spirits: Price Drives Narrative

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On today’s show we discuss:

• US mortgage lenders are starting to go broke
• Housing slowdown starts to ease as a drop in listings hampers supply
• Even with sales down, home prices are up 10.8%
• Homebuyers are backing out of deals
• Target earnings
• Zoom earnings
• The Transcript on inflation
• An update on Chamaths SPACs
• Americans’ pay floor for accepting a new job hits $73,000
• Salaries by state in the US
• Crypto ads starring Matt Damon and Tom Brady vanish from television
• Inside the 3AC debacle
• The merge
• The rise of the one-day workweek
• Ford is cutting 3,000 corporate jobs
• How did New York get its nickname?

Listen here:

Recommendations:

• House of the Dragon
• Eyes Wide Shut
• Industry
• Black Mass v The Departed
• The Unbearable Weight of Massive Talent
• Edward Norton Movies
• The Kid Stays in the Picture by Robert Evans

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