The Roaring 20s Minus the Vibes

We’re beginning to sound like a broken record as we record each week coming off more market highs. We’ll discuss how Crypto has roared back after making it through multiple speculative cycles. We’ll also review the positivity that comes with broader market participation. We’ll then examine why you can’t have the debt conversation without also looking at assets and end with the effect of inflation on America’s housing market.

Key Takeaways

[00:17] - One of history’s longest bull runs continues [02:53] - Crypto, and conversations about Crypto, are back [07:48] - The increasing breadth of the S&P 500 [11:03] - Is this the Roaring 20s minus the vibes? [14:10] - Space launches, AI productivity, and optimism for the future [15:55] - Looking at assets along with debt [22:42] - Inflation’s effect on new real estate coming online

Links

Detrick: Returns mostly driven by earnings over longer periods Today's Cryptocurrency Prices by Market Cap All-Star Charts: the broadening of market participation Carlson: comparing today with the Roaring 20s Carlson: Households are growing their assets faster than liabilities Ten Global Trends Every Smart Person Should Know US Dollar Index