Morgan Housel on the Forces That Drive Our Spending
What makes the U.S. consumer and investor unique? Are we biologically programmed to be dissatisfied? Should you want your kids to be poor? Morgan Housel answers those questions and provides insights from his latest book, The Art of Spending.
Also in this episode:
-International stocks have notched a 30% gain so far this year
-The Fed cut rates but dampened expectations for December
-The job market is always in flux, as demonstrated by a slew of recent layoffs
-The most tax-efficient way to give to charities may be donating appreciated shares of stock
Host: Robert Brokamp
Guest: Morgan Housel
Engineer: Bart Shannon
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