Animal Spirits Podcast

By The Compound

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Rate for this podcast

Subscribers: 978
Reviews: 5
Episodes: 463

Darren
 Aug 2, 2022
these guys are great. listen to them all the time.

Beau
 Apr 27, 2022
Amazing podcast with great conversations and commentary on recent news and headlines.


 Mar 27, 2021

Prashant
 Jan 2, 2021
I find myself often disagreeing completely with elements of the show (especially Ben's recs in movies :)), but I keep coming back to this well. Really enjoyable, light hearted podcast with great advice for beginners or folks with significant experience in the financial markets!


 Oct 10, 2018

Description

Animal spirits is a show about markets, life, and investing. Join Michael Batnick and Ben Carlson as they talk about what they're reading, writing, listening to and watching. Look for new episodes every Wednesday morning. See our disclosures here - https://ritholtzwealth.com/podcast-youtube-disclosures/

Episode Date
Talk Your Book: Upside and Downside Customization For Your Portfolio
38:13
On today's show, we are joined by Jason Barsema, Co-Founder and President of Halo Investing to discuss how structured notes are made, counterparty risk during banking crises, customizing structured notes, and much more!
 
 

Find complete shownotes on our blogs...

Ben Carlson’s A Wealth of Common Sense

Michael Batnick’s The Irrelevant Investor

Feel free to shoot us an email at animalspiritspod@gmail.com with any feedback, questions, recommendations, or ideas for future topics of conversation.

 

Check out the latest in financial blogger fashion at The Compound shop: https://www.idontshop.com

 

Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Michael Batnick and Ben Carlson are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers see here https://ritholtzwealth.com/advertising-disclaimers. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.

Obviously nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. See our disclosures here:

https://ritholtzwealth.com/podcast-youtube-disclosures/

May 29, 2023
Tech Stocks Are Back (EP.309)
49:01
 
Thanks to YCharts for sponsoring this episode! Be sure to register for the webinar with RWM COO Nick Maggiulli on May 24th at 12:30pm ET. Visit https://go.ycharts.com/animal-spirits-referral for more information.
 

Find complete shownotes on our blogs...

Ben Carlson’s A Wealth of Common Sense

Michael Batnick’s The Irrelevant Investor

Feel free to shoot us an email at animalspiritspod@gmail.com with any feedback, questions, recommendations, or ideas for future topics of conversation.

 

Check out the latest in financial blogger fashion at The Compound shop: https://www.idontshop.com

 

Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Michael Batnick and Ben Carlson are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers see here https://ritholtzwealth.com/advertising-disclaimers. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.

Obviously nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. See our disclosures here:

https://ritholtzwealth.com/podcast-youtube-disclosures/

May 24, 2023
Talk Your Book: Streamlining Alternative Investments
33:56
On today's show, we are joined by Brett Hillard, CIO of GLASfunds to discuss advisor pain points when investing in alts, the fund manager due diligence process, how interest rates affect the alternatives market, and much more!
 
 

Find complete shownotes on our blogs...

Ben Carlson’s A Wealth of Common Sense

Michael Batnick’s The Irrelevant Investor

Feel free to shoot us an email at animalspiritspod@gmail.com with any feedback, questions, recommendations, or ideas for future topics of conversation.

 

Check out the latest in financial blogger fashion at The Compound shop: https://www.idontshop.com

 

Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Michael Batnick and Ben Carlson are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers see here https://ritholtzwealth.com/advertising-disclaimers. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.

Obviously nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. See our disclosures here:

https://ritholtzwealth.com/podcast-youtube-disclosures/

May 22, 2023
Living a Rich Life with Ramit Sethi
32:42

On today's episode of Animals Spirits: Talk Your Book we are joined by Ramit Sethi to talk about his new Netflix Show, How to Get Rich.

 

Find complete shownotes on our blogs...

Ben Carlson’s A Wealth of Common Sense

Michael Batnick’s The Irrelevant Investor

Feel free to shoot us an email at animalspiritspod@gmail.com with any feedback, questions, recommendations, or ideas for future topics of conversation.

 

Check out the latest in financial blogger fashion at The Compound shop: https://www.idontshop.com

 

Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Michael Batnick and Ben Carlson are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers see here https://ritholtzwealth.com/advertising-disclaimers. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.

Obviously nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. See our disclosures here:

https://ritholtzwealth.com/podcast-youtube-disclosures/

May 20, 2023
The Only Game in Town (EP.308)
59:27
On today's show we discuss debt ceiling drama, the best long-term investment, money market funds, catching a falling knife, 24 hour trading, why workers are happier than ever, the greatest wealth transfer in history, why wealth inequality will get worse, the best new movie we've seen in a long time and much more.
 
Thanks to Global X ETFs for sponsoring this episode. To learn more about their thematic strategies, visit: https://go.globalxetfs.com/l/750543/2023-05-02/8y4fqm
 

Find complete shownotes on our blogs...

Ben Carlson’s A Wealth of Common Sense

Michael Batnick’s The Irrelevant Investor

Feel free to shoot us an email at animalspiritspod@gmail.com with any feedback, questions, recommendations, or ideas for future topics of conversation.

 

Check out the latest in financial blogger fashion at The Compound shop: https://www.idontshop.com

 

Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Michael Batnick and Ben Carlson are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers see here https://ritholtzwealth.com/advertising-disclaimers. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.

Obviously nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. See our disclosures here:

https://ritholtzwealth.com/podcast-youtube-disclosures/

May 17, 2023
Talk Your Book: Fidelity Digital Assets Mailbag
36:13
On today's show, we are joined by Jack Neureuter, Research Analyst at Fidelity Digital Assets to discuss what drives the price of Bitcoin, where to store Bitcoin, Bitcoin staying out of the headlines, and much more!
 
 

Find complete shownotes on our blogs...

Ben Carlson’s A Wealth of Common Sense

Michael Batnick’s The Irrelevant Investor

Feel free to shoot us an email at animalspiritspod@gmail.com with any feedback, questions, recommendations, or ideas for future topics of conversation.

 

Check out the latest in financial blogger fashion at The Compound shop: https://www.idontshop.com

 

Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Michael Batnick and Ben Carlson are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers see here https://ritholtzwealth.com/advertising-disclaimers. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.

Obviously nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. See our disclosures here:

https://ritholtzwealth.com/podcast-youtube-disclosures/

May 15, 2023
Business Optimism Crashes (EP.307)
01:04:14
On today's show we discuss regional bank failures, confidence in the Fed, international diversification, the V-shaped recovery in the labor market, vibes vs. data in the economy, the best company in the world, middle age and much more.
 
Thanks to YCharts for sponsoring this episode! YCharts will be discussing the Scenarios Tool with a big emphasis on how it helps streamline the financial planning process for advisors with RWM COO Nick Maggiulli on May 24th at 12:30pm ET. Register at: https://ycharts.zoom.us/webinar/register/6316832319210/WN_hZWZbN3fSGm_ax8f92h9RA#/registration
 

Find complete shownotes on our blogs...

Ben Carlson’s A Wealth of Common Sense

Michael Batnick’s The Irrelevant Investor

Feel free to shoot us an email at animalspiritspod@gmail.com with any feedback, questions, recommendations, or ideas for future topics of conversation.

 

Check out the latest in financial blogger fashion at The Compound shop: https://www.idontshop.com

 

Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Michael Batnick and Ben Carlson are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers see here https://ritholtzwealth.com/advertising-disclaimers. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.

Obviously nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. See our disclosures here:

https://ritholtzwealth.com/podcast-youtube-disclosures/

May 10, 2023
Bear Market Lessons (EP.306)
56:51
On today's show, we discuss never shorting junk food, a purgatory market, why spending isn't slowing down, our first mortgage rates, the First Republic takeover, and much more!
 
This episode is sponsored by Simplify. Learn more about Simplify ETFs at: https://www.simplify.us/etfs/svol-simplify-volatility-premium-etf
 

Find complete shownotes on our blogs...

Ben Carlson’s A Wealth of Common Sense

Michael Batnick’s The Irrelevant Investor

Feel free to shoot us an email at animalspiritspod@gmail.com with any feedback, questions, recommendations, or ideas for future topics of conversation.

 

Check out the latest in financial blogger fashion at The Compound shop: https://www.idontshop.com

 

Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Michael Batnick and Ben Carlson are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers see here https://ritholtzwealth.com/advertising-disclaimers. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.

Obviously nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. See our disclosures here:

https://ritholtzwealth.com/podcast-youtube-disclosures/

May 03, 2023
Talk Your Book: CLOs – The Providers of Leverage
38:50
On today's show, we are joined by Thomas Majewski, Managing Partner of Eagle Point Credit Management to discuss what a CLO is, differences between a CLO and a CDO, how Eagle Point Credit is able to pay these yields, the 2023 banking crisis, and much more!
 
 

Find complete shownotes on our blogs...

Ben Carlson’s A Wealth of Common Sense

Michael Batnick’s The Irrelevant Investor

Feel free to shoot us an email at animalspiritspod@gmail.com with any feedback, questions, recommendations, or ideas for future topics of conversation.

 

Check out the latest in financial blogger fashion at The Compound shop: https://www.idontshop.com

 

Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Michael Batnick and Ben Carlson are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers see here https://ritholtzwealth.com/advertising-disclaimers. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.

Obviously nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. See our disclosures here:

https://ritholtzwealth.com/podcast-youtube-disclosures/

May 01, 2023
Millennials Will Buy All the Stocks (EP.305)
01:00:12
On today's show we discuss what happens to stocks after a bad year, why foreign stocks are outperforming, why any recession should be mild, how millennials will impact stock market valuations, generational homeownership rates and much more.
 
This episode is sponsored by our friends at YCharts. Get 20% off your first subscription at: https://go.ycharts.com/animal-spirits-referral.
 

Find complete shownotes on our blogs...

Ben Carlson’s A Wealth of Common Sense

Michael Batnick’s The Irrelevant Investor

Feel free to shoot us an email at animalspiritspod@gmail.com with any feedback, questions, recommendations, or ideas for future topics of conversation.

 

Check out the latest in financial blogger fashion at The Compound shop: https://www.idontshop.com

 

Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Michael Batnick and Ben Carlson are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers see here https://ritholtzwealth.com/advertising-disclaimers. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.

Obviously nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. See our disclosures here:

https://ritholtzwealth.com/podcast-youtube-disclosures/

Apr 26, 2023
Talk Your Book: Diversify Your Diversifiers
33:14

On today's show, we are joined by Paul Kim, CEO and Co-Founder of Simplify ETFs to discuss how rising yields affect alternative strategies, Simplify's interest rate hedge strategy, utilizing VIX strategies, and much more!

 

Find complete shownotes on our blogs...

Ben Carlson’s A Wealth of Common Sense

Michael Batnick’s The Irrelevant Investor

Like us on Facebook

And feel free to shoot us an email at animalspiritspod@gmail.com with any feedback, questions, recommendations, or ideas for future topics of conversation.

​​

(Wealthcast Media, an affiliate of Ritholtz Wealth Management, received compensation from the sponsor of this advertisement. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.)

Apr 24, 2023
The Crockpot Recession (EP.304)
56:00

On today's show we discuss why the bond market is so confused, why consumers are so confused, why Vanguard continues to dominate, why inflation is finally heading lower, why millennials aren't as broke as you think, why first-time homebuyers are out of luck and much more.

Apr 19, 2023
Talk Your Book: Hidden Pricing Power
31:53

On today's show, we are joined by Haruki Toyama, Portfolio Manager and Head of Mid-Cap and Large-Cap Equity at Madison Investments to discuss finding wide moats, discovering hidden pricing power, using movie anecdotes to invest, and much more!

 

Find complete shownotes on our blogs...

Ben Carlson’s A Wealth of Common Sense

Michael Batnick’s The Irrelevant Investor

Like us on Facebook

And feel free to shoot us an email at animalspiritspod@gmail.com with any feedback, questions, recommendations, or ideas for future topics of conversation.

​​

(Wealthcast Media, an affiliate of Ritholtz Wealth Management, received compensation from the sponsor of this advertisement. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.)

Apr 17, 2023
The Year of Disappointment (EP.303)
51:05
On today's show, we discuss corrections during election years, rich boomers, how great AirBNB is, more issues at Twitter, Successions last season, and much more!
 
 

Find complete shownotes on our blogs...

Ben Carlson’s A Wealth of Common Sense

Michael Batnick’s The Irrelevant Investor

Like us on Facebook

And feel free to shoot us an email at animalspiritspod@gmail.com with any feedback, questions, recommendations, or ideas for future topics of conversation.

​​

(Wealthcast Media, an affiliate of Ritholtz Wealth Management, received compensation from the sponsor of this advertisement. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.)

Apr 12, 2023
Talk Your Book: Defining the Downside
28:21

On today's show, we are joined again by Bruce Bond to discuss Innovators latest fixed-income focused barrier ETFs, how rate volatility affects ETF yield, risk-reward in fixed-income, and much more!

 

Find complete shownotes on our blogs... 

Ben Carlson’s A Wealth of Common Sense 

Michael Batnick’s The Irrelevant Investor 

Like us on Facebook 

And feel free to shoot us an email at animalspiritspod@gmail.com with any feedback, questions, recommendations, or ideas for future topics of conversation. 

 

 

(Wealthcast Media, an affiliate of Ritholtz Wealth Management, received compensation from the sponsor of this advertisement. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.) 

Apr 10, 2023
The 3 Levels of Wealth (EP.302)
46:40
On today's show we discuss why investors are always looking to catch a falling knife, a reversal in the markets since last year, why European stocks are outperforming, how money market funds became the biggest market story of the year, de-dollarization, some vacation thoughts from spring break and much more.
 

Find complete shownotes on our blogs...

Ben Carlson’s A Wealth of Common Sense

Michael Batnick’s The Irrelevant Investor

Like us on Facebook

And feel free to shoot us an email at animalspiritspod@gmail.com with any feedback, questions, recommendations, or ideas for future topics of conversation.

​​Thanks to Birddogs for sponsoring this episode! Enter promo code "SPIRITS" and get a free Yeti style tumbler with every order: https://www.birddogs.com/collections/pants?utm_source=podcast&utm_medium=influencer&utm_campaign=animalspirits

(Wealthcast Media, an affiliate of Ritholtz Wealth Management, received compensation from the sponsor of this advertisement. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.)

Apr 05, 2023
Talk Your Book: No Bank Runs in Commercial Real Estate
33:23

On today's show, we spoke with Tom Miller, CEO and CIO of USQ to discuss real estate in Manhattan, the hottest sectors of commercial real estate, office space investing in the next few years, and much more!

Find complete shownotes on our blogs... 
Ben Carlson’s A Wealth of Common Sense 
Michael Batnick’s The Irrelevant Investor 
Like us on Facebook 
And feel free to shoot us an email at animalspiritspod@gmail.com with any feedback, questions, recommendations, or ideas for future topics of conversation. 
 
 
(Wealthcast Media, an affiliate of Ritholtz Wealth Management, received compensation from the sponsor of this advertisement. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.) 
Apr 03, 2023
Talk Your Book: Car Dealership Guy
30:51

On today's show, we are joined by CarDealershipGuy to discuss buying a car in 2023, buying v leasing, the downfall of Carvana, the electric car market, and much more!

 

Find complete shownotes on our blogs...

Ben Carlson’s A Wealth of Common Sense

Michael Batnick’s The Irrelevant Investor

Like us on Facebook

And feel free to shoot us an email at animalspiritspod@gmail.com with any feedback, questions, recommendations, or ideas for future topics of conversation.

​​

(Wealthcast Media, an affiliate of Ritholtz Wealth Management, received compensation from the sponsor of this advertisement. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.)

Apr 01, 2023
The Worst Chart in Finance (EP.301)
50:35

On today's show we discuss why investing is so hard, the time between all-time highs in a bear market, why the Fed is in such a tough spot, ramifications from the banking crisis, low supply in the housing market, why people think their children will be worse off, the psychology behind the AI boom and much more.

 

Find complete shownotes on our blogs... 

Ben Carlson’s A Wealth of Common Sense 

Michael Batnick’s The Irrelevant Investor 

Like us on Facebook 

And feel free to shoot us an email at animalspiritspod@gmail.com with any feedback, questions, recommendations, or ideas for future topics of conversation. 

 

 

(Wealthcast Media, an affiliate of Ritholtz Wealth Management, received compensation from the sponsor of this advertisement. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.) 

Mar 29, 2023
Talk Your Book: Startups in a Crisis
34:04

On today's show, we are joined by Brandon Arvanaghi, Founder and CEO of Meow, and Devon Drew, the CEO and CIO of DFD Partners to discuss tools for business owners and treasury cash management, and distribution solutions for advisors and asset managers.

 

Find complete shownotes on our blogs...

Ben Carlson’s A Wealth of Common Sense

Michael Batnick’s The Irrelevant Investor

Like us on Facebook

And feel free to shoot us an email at animalspiritspod@gmail.com with any feedback, questions, recommendations, or ideas for future topics of conversation.

​​

(Wealthcast Media, an affiliate of Ritholtz Wealth Management, received compensation from the sponsor of this advertisement. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.)

Mar 27, 2023
The Lender of Last Resort (EP.300)
54:27

On today's show we discuss the latest from the banking crisis, the market's reaction to bank runs, what the Fed should do next, why service inflation is higher than goods inflation, why crypto is rallying this year, how much money it takes to be rich and much more.

 

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(Wealthcast Media, an affiliate of Ritholtz Wealth Management, received compensation from the sponsor of this advertisement. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.) 

Mar 22, 2023
Talk Your Book: How to Buy Treasuries
27:54

On today's show, we are joined by Alex Morris, Co-Founder and CIO of F/m Investments and the US Benchmark Series to discuss yield volatility, why it's so hard to buy single treasuries, the 2023 banking crisis, and much more!

 

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(Wealthcast Media, an affiliate of Ritholtz Wealth Management, received compensation from the sponsor of this advertisement. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.) 

Mar 20, 2023
The Panic of 2023 (EP.299)
49:50

On today's show we discuss Silicon Valley Bank, the psychology of bank runs, how the Fed broke stuff, FDIC insurance, why the banking industry is forever changed, tech is the new Wall Street, why the bank crisis could be bullish for the stock market and much more.

 

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(Wealthcast Media, an affiliate of Ritholtz Wealth Management, received compensation from the sponsor of this advertisement. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.) 

Mar 15, 2023
Talk Your Book: The Carrying Cost of Crazy
26:59

On today's show, we are joined by Dr. David Kelly, Chief Global Strategist and Head of the Global Market Insights Strategy Team for J.P. Morgan Asset Management about the SVB drama, interest rates moving forward, a slowdown of consumer spending, and much more!

 

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(Wealthcast Media, an affiliate of Ritholtz Wealth Management, received compensation from the sponsor of this advertisement. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.) 

Mar 13, 2023
How Much Do You Need to Make to be Rich? (EP.298)
55:32

On today's show, we discuss reaction to Powells testimony, richsession in chart form, Silvergate drama, Michaels humble brags, Karen-Batnick, and much more! 

 

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(Wealthcast Media, an affiliate of Ritholtz Wealth Management, received compensation from the sponsor of this advertisement. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.) 
Mar 08, 2023
Talk Your Book: A Bull Market in Tickers
33:18

On today's show, we are joined by Ed Egilinsky, Managing Director and Head of Alternatives at Direxion to discuss how to use leveraged ETFs, the cost of leverage, exciting thematics in 2023, and much more!

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(Wealthcast Media, an affiliate of Ritholtz Wealth Management, received compensation from the sponsor of this advertisement. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.) 
Mar 06, 2023
Talk Your Book: Lifetime Income
35:22

On today's show, we are joined by David Blanchett, Managing Director and Head of Retirement Research at Prudential to discuss how advisors should think about incorporating annuities, what annuities make sense for clients, income strategies within 401Ks, and much more!

 

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Annuities are issued by The Prudential Insurance Company of America, Newark NJ, and its affiliates. You should carefully consider your financial needs before investing in annuity products and benefits.

(Wealthcast Media, an affiliate of Ritholtz Wealth Management, received compensation from the sponsor of this advertisement. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.) 

Mar 04, 2023
Are Bonds Competition For Stocks (EP.297)
59:41

On today's show we discuss Michael's trip to Disney, the economy is too hot to not go into a recession, why inflation remains elevated, the junk stock rally, why housing prices aren't falling faster, an appreciation for streaming and much more.

 

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(Wealthcast Media, an affiliate of Ritholtz Wealth Management, received compensation from the sponsor of this advertisement. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.) 

Mar 01, 2023
Talk Your Book: The "Tech Heavy" Nasdaq
31:44

On today's show, we are live from the Exchange ETF conference in Miami with Phil Mackintosh, Chief Economist and Senior Vice President at Nasdaq to discuss where interest rates may go this year, if we're in a recession, IPO performance, and much more!

 

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(Wealthcast Media, an affiliate of Ritholtz Wealth Management, received compensation from the sponsor of this advertisement. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.) 
Feb 27, 2023
Talk Your Book: Investing in Quality Growth
30:06

On today's show, we are joined by Kevin Walkush, Portfolio Manager at Jensen Investment Management to discuss how return on equity works, dealing with changing moats, setting expectations for returns, and much more!

 

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(Wealthcast Media, an affiliate of Ritholtz Wealth Management, received compensation from the sponsor of this advertisement. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.) 

Feb 20, 2023
When Money Becomes a Liability (EP.296)
59:29

On today's show, we discuss if inflation is behind us, the AI bubble, popular strategies during a bear market, Fleishman in real life, parking spaces, and much more!

 

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(Wealthcast Media, an affiliate of Ritholtz Wealth Management, received compensation from the sponsor of this advertisement. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.) 

Feb 15, 2023
Talk Your Book: Bitcoin Doesn't Know It's Price
31:34

On today's show, we are joined by Jack Neureuter, Research Analyst at Fidelity Digital Assets to discuss a sentiment check with Bitcoin, use cases, a year in review for 2022, how Bitcoin has held up better than expected, and much more.

 

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(Wealthcast Media, an affiliate of Ritholtz Wealth Management, received compensation from the sponsor of this advertisement. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.) 

Feb 13, 2023
Ready to Pop (EP.295)
50:21
On today's show we discuss the psychology behind big gains and losses, why retail traders are buying again, entertainment vs. advice with Jim Cramer, new bull market vs. bear market rally, value vs. growth. vs. rates, the strongest labor market of our lifetimes, tales from Miami and much more.
 
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(Wealthcast Media, an affiliate of Ritholtz Wealth Management, received compensation from the sponsor of this advertisement. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.) 
Feb 08, 2023
Talk Your Book: The Prophet of Capital Preservation
37:02

On today’s show, we had Darren Schuringa, CEO and Founder of ASYMmetric ETFs on to discuss market volatility, how leverage works within leveraged ETFs, how ASYMmetric utilizes leverage and trend following, and much more!

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(Wealthcast Media, an affiliate of Ritholtz Wealth Management, received compensation from the sponsor of this advertisement. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.) 
Feb 06, 2023
Benjamin Graham Disciple (EP.294)
54:06

On today's show we discuss the stock and bond market rallies in 2023, why certain investors are so pessimistic all the time, housing market activity bottoming, the most hated economic expansion of all-time, context around tech layoffs, consumer spending is slowing, Michael's first resume and much more.

 

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(Wealthcast Media, an affiliate of Ritholtz Wealth Management, received compensation from the sponsor of this advertisement. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.) 

Feb 01, 2023
Talk Your Book: The Long and Short of Commodities
28:42
 

On today's show, we are joined by Sal Gilbertie, CEO of Teucrium to give us an update on Oil & Gas, how supply chains are looking in 2023, Teucriums latest Long/Short fund, potential issues with China, and much more!

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(Wealthcast Media, an affiliate of Ritholtz Wealth Management, received compensation from the sponsor of this advertisement. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.) 
Jan 30, 2023
Is the Stock Market Getting Ahead of Itself? (EP.293)
59:09

On today's show we discuss why the narrative changes for the economy on a weekly basis, the snapback rally in the stock market, trouble in the car market, the boom in entrepreneurship, putting tech layoffs into perspective, why the housing market might have a floor under it and much more.

 

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(Wealthcast Media, an affiliate of Ritholtz Wealth Management, received compensation from the sponsor of this advertisement. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.) 

Jan 25, 2023
Talk Your Book: The Biggest Short Squeeze of All Time
36:09

On today's show, we are joined by Luke Oliver, Managing Director, Head of Climate Investments, and Head of Strategy at Kraneshares to discuss the biggest short of all time, how emissions are related to political risk, what drives carbon price, and much more! 

 

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(Wealthcast Media, an affiliate of Ritholtz Wealth Management, received compensation from the sponsor of this advertisement. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.) 
Jan 23, 2023
Is a Soft Landing Inflationary? (EP.292)
53:56

On today's show we discuss why people still invest in stocks even when bond rates are high, international stocks are on a tear, the 60/40 argument that never dies, the Fed vs. the bond market, record high dividends in the stock market, why it's so hard to predict bottoms, Michael's NY Giants playoff game experience & much more.

 

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(Wealthcast Media, an affiliate of Ritholtz Wealth Management, received compensation from the sponsor of this advertisement. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.) 
Jan 18, 2023
Talk Your Book: Investing in Fallen Angels
30:21

On today's show, we are joined by Fran Rodilosso, Head of Fixed Income ETF Portfolio Management at VanEck to discuss rising stars vs fallen angels, how to be tactical with fixed income, what a fallen angel is, and much more!

 

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(Wealthcast Media, an affiliate of Ritholtz Wealth Management, received compensation from the sponsor of this advertisement. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.) 

Jan 16, 2023
What's the negative catalyst? (EP.291)
54:28

On today’s show we discuss Michael becoming famous for a Bezos prediction, the case for no recession in 2023, the bullish case for stocks, the bearish case for stocks, false signals from an inverted yield curve, why this is not 1970s-like inflation, 2023 movies and much more.

 

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(Wealthcast Media, an affiliate of Ritholtz Wealth Management, received compensation from the sponsor of this advertisement. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.) 

Jan 11, 2023
Talk Your Book: What Makes an Index Fund Work
31:59

On today's show, we are joined by Rodney Comegys, Head of Vanguards Equity Investment Group to discuss how indexing works, what makes Vanguard so special, active investing vs passive investing, and much more!



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​​

(Wealthcast Media, an affiliate of Ritholtz Wealth Management, received compensation from the sponsor of this advertisement. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.)

Jan 09, 2023
10 Predictions For 2023 (EP.290)
49:25

On today's show we discuss the terrible no good year that was 2022 for financial markets, some thoughts on what might happen in 2023, the 4 factors that should impact markets and the economy next year, why investors are still pouring money into Tesla shares, when luxuries turn into necessities and much more.

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(Wealthcast Media, an affiliate of Ritholtz Wealth Management, received compensation from the sponsor of this advertisement. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.) 

Jan 04, 2023
[CORRECTION] The Tesla Crash (EP.289)
42:13

On this week's show we discuss the kid premium around the holidays, the most surprising things that happened in 2022, some thoughts on stocks vs. the economy for 2023, why consensus is wrong most of the time, the car industry is all messed up, why housing prices aren't falling faster, the year of the sequel and much more.

 

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(Wealthcast Media, an affiliate of Ritholtz Wealth Management, received compensation from the sponsor of this advertisement. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.) 

Dec 28, 2022
Talk Your Book: The Rise of Thematic Investing
27:28

On today's show, we are joined by Pavel Vaynshtok, Managing Director, Global Head of Strategy Indices at S&P Dow Jones Indices to discuss the history of indices, why thematics have gotten so popular, how S&P Dow Jones Indices constructs their indices, and much more!

 

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(Wealthcast Media, an affiliate of Ritholtz Wealth Management, received compensation from the sponsor of this advertisement. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.) 

Dec 26, 2022
Buy the Dip is Dead (EP.288)
53:29

On today's show we talk about why the stock market is getting crushed this month, what one year's returns mean for the next year, why retail investors are still buying tech stocks, 3 scenarios for next year's market, the Fed's 2% inflation target, why there will never be a perfect economy, the Avatar sequel and much more.

 

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Dec 21, 2022
Talk Your Book: The Opposite of ESG
37:11

On today's show, we are joined by Mark Neuman, Founder and CIO of Constrained Capital to discuss companies orphaned by ESG, how capital is actually getting constrained, politics in investing, Coke & Pepsi vs alcohol & tobacco, and much more!

 

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(Wealthcast Media, an affiliate of Ritholtz Wealth Management, received compensation from the sponsor of this advertisement. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.) 

Dec 19, 2022
Peak Inflation (EP.287)
54:54

On today's show we discuss inflation rolling over, the possibility of a soft landing, Santa Claus rallies, SPF getting arrested, what a housing market comeback would look like, picking stocks vs. picking stock-pickers, The White Lotus season 2 and much more.

 

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(Wealthcast Media, an affiliate of Ritholtz Wealth Management, received compensation from the sponsor of this advertisement. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.) 

Dec 14, 2022
Talk Your Book: Insourced CIO
29:01

On today's show, we are joined by Joe Mallen, CIO of Helios to discuss what he's hearing from advisors in this environment, insourced vs outsourced CIOs, bond and equity attractiveness going forward, and much more!

 

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(Wealthcast Media, an affiliate of Ritholtz Wealth Management, received compensation from the sponsor of this advertisement. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.) 

Dec 12, 2022
A Bear Market in Housing (EP.286)
46:55

On today's show we discuss continued strength in the labor market, sticky high inflation, why the market isn't listening to the Fed anymore, the case for a 20% decline in housing prices, why Netflix rules streaming, sending back a drink at the bar and much more.

 

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(Wealthcast Media, an affiliate of Ritholtz Wealth Management, received compensation from the sponsor of this advertisement. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.) 

Dec 07, 2022
Talk Your Book: An Update on Private Markets
35:33

On today's show, we are joined by Bob Long, CEO of StepStone Private Wealth to discuss timing private markets, how valuations have held up in private markets, an update on venture capital, and much more!

 

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(Wealthcast Media, an affiliate of Ritholtz Wealth Management, received compensation from the sponsor of this advertisement. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.) 

Dec 05, 2022
Getting Rich Quick (EP.285)
54:27

On today's show we discuss the round trip in oil prices, why predicting the future is so difficult, how we define a bubble, why interest rates didn't go higher, active outflows are speeding up, Black Friday deals we found, crypto prices got out of hand, the downside of technology and more.

 

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(Wealthcast Media, an affiliate of Ritholtz Wealth Management, received compensation from the sponsor of this advertisement. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.) 

Nov 30, 2022
Talk Your Book: The Buy-Write Strategy 
29:47

On today's show, we are joined by Ray Di Bernardo, VP and Portfolio Manager of Madison Investments to discuss writing call options, buying growth at a reasonable price, earnings in 2023, and much more! 

 

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(Wealthcast Media, an affiliate of Ritholtz Wealth Management, received compensation from the sponsor of this advertisement. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.)

Nov 28, 2022
A Confusing Year (EP.284)
54:48

On today's show we discuss the impact of interest rates on business formation, the opposite of stagflation, why there was no spillover from the crypto crash, why the S&P 500 is not the economy, why remote work might bring down rental inflation and much more.

 

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(Wealthcast Media, an affiliate of Ritholtz Wealth Management, received compensation from the sponsor of this advertisement. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.)

Nov 23, 2022
The Crypto Blow-Up (EP.283)
55:29

On today's show we discuss inflation is finally falling, will the stock market wait for the Fed's all-clear, the FTX saga, how SBF fooled everyone, what comes next for crypto, why streaming stocks are struggling, 5 years of Animal Spirits and much more.

 

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(Wealthcast Media, an affiliate of Ritholtz Wealth Management, received compensation from the sponsor of this advertisement. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.)

Nov 16, 2022
Talk Your Book: Checking in on Buffered ETFs
34:16

On today's show, we have Bruce Bond, CEO of Innovator ETFs give us an update on the buffered ETFs, how buffers and caps behave during high-volatility environments, how advisors are using these products, and much more!

 

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​​

(Wealthcast Media, an affiliate of Ritholtz Wealth Management, received compensation from the sponsor of this advertisement. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.)

Nov 14, 2022
No Soft Landing (EP.282)
55:55

On today's episode we discuss the Fed sending us into a recession, our only chance for a soft landing, why predicting inflation is so difficult, why there is no such thing as a normal market, the biggest risk in crypto, why Chevy Chase was a one of one and much more.

 

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​​

(Wealthcast Media, an affiliate of Ritholtz Wealth Management, received compensation from the sponsor of this advertisement. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.)

Nov 09, 2022
A Housing Recession (EP.281)
01:02:13

On today's show we discuss why most people don't care about the bear market, the relationship between wages and inflation, why we won't see a repeat of the 1970s, why Apple is the best company in the world, the revenge of the Dow, tech stock valuations, the best decade ever for movies and much more.

 

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Nov 02, 2022
Talk Your Book: Doubling Down on Crypto
48:33

Ben and Michael are joined by Jack Neureuter, Fidelity Digital Assets Research Analyst, and Ramine Bigdeliazari, Director of Product for Fidelity Digital Assets to discuss Fidelity's relationship and interest in crypto, proof of work vs proof of stake, crypto winter, and much more!

 

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Oct 31, 2022
Bear Market Math (EP.280)
55:34

On today's show we discuss the slowing housing market, taking Animal Spirits on the road, why consumers keep spending money, how the stock market moves during a bear market, some optimism for a 60/40 portfolio, why the 4% rule is still alive and well, a bunch of movie recommendations and much more.

 

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Oct 26, 2022
Why Isn't Inflation Falling? (EP.279)
01:02:16

On today's show we discuss the trouble with nailing the bottom in a bear market, why money continues flowing into ARK, why the VIX isn't higher, sticky inflation, why the bottom 50% has seen their net worth double since the start of the pandemic, Netflix with ads and much more.

 

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Oct 19, 2022
A Tough Break (EP.278)
56:11

On today's show we discuss a late-night trip to the ER for a broken leg, good news is bad news in the labor market, the last time the Fed sent us into a recession, earnings vs. stock market performance, the inflation burp, what happens to housing prices from here and much more.

 

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Oct 12, 2022
A Tough Break (EP.278)

On today's show we discuss a late-night trip to the ER for a broken leg, good news is bad news in the labor market, the last time the Fed sent us into a recession, earnings vs. stock market performance, the inflation burp, what happens to housing prices from here and much more.

 

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Oct 12, 2022
Talk Your Book: Investing in Private Credit 
29:31

On today's show, we speak with Michael Reisner, Co-CEO of CION Investments about investing in private credit in this environment, how CION can be publicly traded, how a recession may affect floating rate credit investments, and much more.

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Oct 10, 2022
Long-Term Bullish (EP.277)
56:59

On this week's show we discuss why we're getting more excited about stock prices as they fall, why expected returns are rising, where investors will move their money with higher yields, Credit Suisse vs. Lehman Brothers, how the Fed is breaking things across the globe, why the Bank of England stepped in to buy bonds and much more.

 

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Oct 05, 2022
Talk Your Book: Investing in Science Fiction
33:35

On today's show, we are joined by Kevin Kelly, CEO and Founder of Kelly Intelligence to discuss what CRISPR technology is, use cases, and investing in the future of Healthcare 2.0.

 

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Oct 03, 2022
Powell Wants You to Lose Your Job (EP.276)
58:19

On today's show we discuss is the Fed making a huge mistake, why it's so difficult to predict the economy, why it's so easy to be bearish right now, breaking the housing market, why we've turned on Jerome Powell, the bullish case for a 60/40 portfolio and much more.

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Sep 28, 2022
Talk Your Book: I Need To Do Some Hedging Trades
29:19

On today's show, we spoke with Eric Metz, President and CIO of SpiderRock Advisors about tax-loss harvesting, replicating exchange funds, and de-concentrating portfolios using managed option strategies.

 

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Sep 26, 2022
Is a Recession Bullish? (EP.275)
54:22

On today's episode we recap our experience at Future Proof, interest rates vs. inflation for the stock market, a blow-off top in short-term rates, what could cause international stocks to outperform, housing inflation, why the housing market is broken, George Clooney's best movie and much more.

 

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Sep 21, 2022
Talk Your Book: Portfolio Premortem
31:00

On today's show, we spoke to Fabric Risk Co-Founder, Rick Bookstaber about identifying risks for advisors, lifestyle characteristics and risks, the MSCI factor model, scenario testing, and much more.

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Sep 19, 2022
Live From Future Proof (EP.274)
37:12

On today's show, we discuss the worst first 8 months ever, the illiquidity premium, Q2 earnings, The Robinhood Investor Index, and much more!

 

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Sep 14, 2022
Talk Your Book: Single Stock ETFs
29:39

On today's show, we had David Mazza, Head of Product at Direxion to talk about the use cases and risks of investing in single stock, leveraged, and inverse ETFs

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Sep 12, 2022
Talk Your Book: Fixing Fixed Income
25:17

On today's Talk Your Book, we spoke to Russell Feldman from IMTC on innovating the fixed income investment process, differences between trading stocks vs. bonds, risk management within fixed income, and much more.

 

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Sep 09, 2022
The Super Bubble (EP.273)
47:05

On today's show we discuss Jeremy Grantham's super bubble call, how "don't fight the Fed" has evolved, why all opinions are extreme today, how the bottom 50% are making the biggest financial progress, how the Fed screwed up the housing market and much more.

 

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Sep 07, 2022
Talk Your Book: Interest Rates and Volatility
33:20

On today's show, we spoke with Jason Barsema about the ins and outs of structured notes, how downside protection works, when it makes sense to use structured notes, and much more.

 

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Sep 05, 2022
Why So Bearish? (EP.272)
52:02

On today's who we discuss the pros and cons of student loan forgiveness, why the Fed has the ability to talk tough about inflation (for now), the difference between being bearish and being realistic, record high corporate profits, why we're never going to get enough homes built and much more.

 

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Aug 31, 2022
Talk Your Book: Investing in China
35:54

On today's show, we spoke with Brendan Ahern to give us an update on China, Chinese stock listing issues, investing in China's largest companies, and much more.

 

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Aug 29, 2022
Price Drives Narrative (EP.271)
57:07

On this week's show we discuss the ever-changing narratives in the stock market and economy, iron-clad rules of investing, why markets are so confusing right now, a wider bid-ask spread in the housing market, crypto's LTCM moment and much more.

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Aug 24, 2022
The Animal Spirits Indicator (EP.270)
45:46

On this week’s show, we discuss Ben’s trip to Long Island, some good news on inflation, Disney’s sky-high inflation, confusing signals in the economy, and much more.

 

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Aug 17, 2022
Soft Landing (EP.269)
56:03

On this weeks show we discuss the stock market's ability to predict a recession, the hot labor market, wages vs. inflation, the prospect for a soft landing in the economy, Robinhood vs. Coinbase, volatility in the mortgage market, a bunch of movie recs and much more.

 

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Aug 10, 2022
Talk Your Book: Choose Your Own Investments
34:28

On today's Talk Your Book we spoke with Composer founder Ben Rollert about creating your own automated investment strategies.

 

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Aug 08, 2022
Invest in What You Know (EP.268)
51:43

On today's show we discuss the recession debate, why the economy is so confusing right now, calling a stock market bottom (or not), the tech stock comeback, earnings season and much more.

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Aug 03, 2022
Listener Mailbag
37:09

On today's show we answer questions straight from the listeners with some help from Rocket Dollar's Henry Yoshida.

 

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Aug 01, 2022
Looking Back at the Crypto Meltdown
24:36

On today's show, we get an update on crypto from Meow CEO Brandon Arvanaghi and take a look at what happened with the recent crypto meltdowns.

 

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Jul 30, 2022
Redefining a Recession (EP.267)
56:44

On today's show we discuss why the middle class is getting squeezed, why it's so hard to define what a recession is, boring stocks are outperforming, the size of the housing market, why negotiating will be making a comeback, spending time alone and much more.

 

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Jul 27, 2022
Extreme Cost Cutting (EP.266)
56:01

On today's show we discuss peaking inflation, confused banks, whys stocks are the best inflation hedge, and much more.

 

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Jul 20, 2022
Volatility Hits Main Street (EP.265)
52:56

On today's show we discuss stocks for the long run, Elon's Twitter debacle, the labor market vs. inflation, the number of cycles we've experienced since the pandemic, peak inflation and much more.

 

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Jul 13, 2022
Talk Your Book: The State of Commodities
28:52

On today's Talk Your Book, we spoke with Sal Gilbertie from Teucrium about the state of agricultural commodities.

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Jul 11, 2022
Talk Your Book: The State of Venture Capital
42:24

On today's show, we discuss similarities between the late 90s and today, how tough it is to get VC exposure, current market dynamics within the private markets, and much more.

 

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Jul 09, 2022
The Pandemic Broke the Economy (EP.264)
53:42

On today's show we talk about why the first 6 months of the year were one of the worst ever for financial markets, why it's so difficult to gauge the economy right now, what's priced into the stock market, the worst earnings call ever, the psychology behind inflation and much more.

 

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Jul 06, 2022
Talk Your Book: The Bull Market in Stupidity
32:51

On today's Talk Your Book, we spoke with Michael Grant from Calamos Investments about the Fed, the economy and managing a long/short fund in this environment

 

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Jul 04, 2022
Are We Sure a Recession is Coming? (EP.263)
54:14

On today's show we discuss stock market return expectations, the sell-off in commodities, the back and forth on recession predictions, fighting the last war on the economy, why crypto crashed so bad, negotiating your cable bill down and much more.

 

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Jun 29, 2022
Talk Your Book: Expanding Access to Private Markets
33:40

On today's Talk Your Book, we spoke with Bob Long of Conversus about giving financial advisors access to investments in private markets.

 

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Jun 27, 2022
Peak Pessimism (EP.262)
46:25

On today's show we discuss how wild and crazy the past 3 years have been in the markets, why the Fed is in such a precarious position, the number of stocks getting hammered, the Warren Buffett of crypto, the most re-watchable movie of all-time and much more.

 

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Jun 22, 2022
The Fed is Being Punished (EP.261)
51:10

On this week's show we discuss the current market sentiment, the official bear market in U.S. stocks, why the Fed is making a mistake, the insane move higher in interest rates, the crypto winter and more.

 

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Jun 15, 2022
Talk Your Book: High Quality Growth Stocks
33:45

On today's show we spoke with Allen Bond from Jensen Investment Management about finding high quality growth stocks and investing during a bear market.

 

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Jun 13, 2022
Good News is Bad News (EP.260)
58:56

On today's show we discuss why everyone thinks we're already in a recession, living paycheck to paycheck on $250k a year, why crypto makes more sense in a bull market, why it feels like the stock market should be down way more, Top Gun: Maverick and much more.

 

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Jun 08, 2022
Talk Your Book: Hedging the Different Types of Inflation
32:21

On today's Talk Your Book, we spoke with Don Casturo from Quantix Commodities and Kristof Gleich from Harbor Capital to discuss how to hedge inflation with commodities.

 

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Jun 06, 2022
The Round Trip (EP.259)
42:54

On today's show we discuss what the narrative would be if we went back to new highs, why high oil prices are so worrisome, why the housing market is more important than the stock market, some good news about the U.S. economy, the new Top Gun and much more.

 

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Jun 01, 2022
The most obvious recession ever (EP.258)
51:44

On today's show we discuss, the big housing miss, inventory build-ups, private market slowdown, and much more.

 

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May 25, 2022
Animal Spirits: Listener Mailbag
35:18

On today’s show we answer questions from the listeners on Roth IRAs, HELOCs, budgeting for home improvements and more with some help from Henry Yoshida at Rocket Dollar.

 

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May 23, 2022
Obvious Signs of the Top (EP.257)
50:59
On today's show we discuss why markets are so confusing right now, the different kinds of recessions, inflation expectations, how to survive a bear market, the best movie sequels ever and much more.
 
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May 18, 2022
Talk Your Book: Investing in the Carbon Transformation
30:29

On today's Talk Your Book, we spoke with Roger Mortimer from KraneShares about the coming global transformation in carbon investing.

 

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May 16, 2022
Talk Your Book: Locking in Higher Yields on Your Portfolio
34:08

On today's Talk Your Book, we spoke with Jason Barsema from Halo Investing about structured products and defined outcome investing.

 

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May 14, 2022
The End of V-Shaped Recoveries (EP.256)
49:48

On today's Animal Spirits we discuss the growth stock crash getting worse, the speed of market declines, building wealth slowly, how long bear markets last for, Liam Neeson and much more.

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May 11, 2022
Is this a bear market? (EP.255)
44:19

On today's show, we discuss the stock and bond markets both falling, the new 60/40 portfolio, the case for buying a house right now, the greatest stock of all-time, and much more.

Register for the YCharts Webinar: Mega Caps with Michael Batnick: The Real Impact of Mega Cap Stocks on Portfolios - https://ycharts.zoom.us/webinar/register/9016509832428/WN_PRXthCpDSKOJJ_uVAxNcXw

 

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May 04, 2022
Talk Your Book: Rethinking the 4% Rule
36:35

On today's Talk Your Book we spoke with David Lau and Wade Pfau about spending down your assets in retirement and why it's one of the hardest concepts in financial planning.

 

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May 02, 2022
Elon Buys Twitter (EP.254)
45:47

On today's show we discuss what Elon Musk can do with Twitter, bonds & stocks falling together, growth stocks keep getting killed, inflation vs. mortgage rates in the housing market, 3 reasons inflation might be peaking and more.

 

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Apr 27, 2022
Talk Your Book: Investing in Human Capital
31:52

On today's Talk Your Book we talk with Dan Ariely and Kristof Gleich about investing in human capital and corporate culture.

 

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Apr 25, 2022
A Recession is Coming (EP.253)
51:20

On today's show we discuss taking Twitter private, why tech billionaires are so unhappy, why no one is positioned for a commodities supercycle, the best pool drink, a normal housing market and more.

 

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Apr 20, 2022
The Fed is Making a Mistake (EP.252)
40:42

On today's show we discuss the crazy move higher in interest rates, the wealth effect in stocks, recessions vs. inflation, wage growth for lower income levels, Elon Musk's Twitter escapades, owning individual bonds vs. bond funds and much more.

 

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Apr 13, 2022
Talk Your Book: The Financial Advisor's Cheat Code
27:07

On today's Talk Your Book we spoke with Josh Smith from VRGL about how his company is making it easier for financial advisors to bring in new business and understand their clients.

 

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Apr 11, 2022
Long Global, Short USA (EP.251)
45:53

On today's show we discuss Elon Musk's new position in Twitter, Tiger Global, the scalding hot labor market, frugality is not always the way, the Animal Spirits Discord channel and much more.

 

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Apr 06, 2022
Talk Your Book: Investing in mRNA
24:33

On today's Talk Your Book, we talked with Dave Mazza from Direxion about investing in mRNA technology.

 

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Apr 04, 2022
Tighten Until Something Breaks (EP.250)
48:05

On today's show we discuss inflation vs. the stock market, bonds getting killed, the crazy housing market, betting on the Oscars, why Twitter was built for pop culture moments and much more.

 

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Mar 30, 2022
Talk Your Book: Protecting the Downside
28:41

On today's Talk Your Book we had Bruce Bond from Innovator ETFs back on the show to discuss how advisors are using managed and buffered ETFs to protect the downside in their portfolios.

 

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Mar 28, 2022
NFTs
28:12

On today's show we speak with Audiograph's Quinn Stearns about start-ups, founding a company, creating communities for podcasts and why we made Animal Spirits NFTs.

 

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Mar 26, 2022
Can the Markets Cause a Recession (EP.249)
46:42

On this week's show we discuss the crazy moves in interest rates, mortgage rates going much higher, how to think about bond yields right now, why the U.S. consumer will keep spending even with higher prices, the housing market is very unhealthy right now, betting on the Oscars and more.

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Mar 23, 2022
Listener Mailbag
39:55

On today's show we clean out the inbox to answer questions from the listeners about Roth IRAs, producing content, international diversification, asset allocation, leveraged ETFs and more.

 

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Mar 21, 2022
Is a Recession Bullish For Tech Stocks? (EP.248)
48:11

On today's show we discuss the probability for a recession, crazy commodities prices, housing as a commodity, rising mortgage rates, why dogs are so awesome, the new Batman movie and much more.

 

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Mar 16, 2022
Talk Your Book: How Advisors Can Manage 401k Accounts
27:14

On today's Talk Your Book we spoke with Dave Goldman from Pontera about helping advisors manage held away accounts for clients.

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Mar 14, 2022
Talk Your Book: The Craziest Commodities Market Ever
31:47

On today's special edition of Talk Your Book, we spoke with Sal Gilbertie from Teucrium Agriculture ETFs about what's going on in the commodities market.

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Mar 12, 2022
More Sellers Than Buyers (EP.247)
41:22

On this week's show we discuss a bear market brewing in the stock market, the stock market now vs. 1900, the impact of higher gas prices on consumer sentiment, crazy commodities prices, energy stocks, housing prices and more.

 

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Mar 09, 2022
The Financial Rails of the Future
25:28

On today's show we spoke with Meow co-founder Brandon Arvanaghi about how companies and advisors can earn higher yields on their cash in crypto.

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Mar 05, 2022
A Moral Margin Call  (EP.246)
51:47

On today's show we discuss investing during a war, the biggest questions we have right now, why it's impossible to predict the future, the rising potential for a financial crisis, how to win during a market correction and more.

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Mar 02, 2022
The Craziest Housing Market Ever (EP.245)
44:47

On today's Animal Spirits, we discuss the growth stock sell-off getting real, differences between now and the end of the dot-com bubble, why savings account yields aren't going up yet, inequality in the housing market, the best time to buy a house and much more.

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Feb 23, 2022
Talk Your Book: Managing Risk Like an Actuary
30:11

On today's Talk Your Book, we had Julian Koski from New Age Alpha back on to explain the H Factor and how it helps evaluate individual stocks.

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Feb 21, 2022
Starting a Crypto Hedge Fund
33:47

On today's show we spoke with Leigh Drogen from Starkiller Capital about starting a crypto hedge fund.

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Feb 19, 2022
Boomflation or a Recession? (EP.244)
57:04

On this week's show we discuss the latest inflation numbers, the Fed's conundrum, why corporations have the upper hand with inflation, bullish on Disney, BlockFi's SEC fine and much more.

 

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Feb 16, 2022
Inflation at Disney World (EP.243)
51:38

On today's show we talk about the huge moves after earnings, why people don't change their consumption habits, Ben's trip to Disney World, and much more

 

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Feb 09, 2022
Talk Your Book: Disruption as an Asset Class
39:12

On today's Talk Your Book, we spoke with Kristof Gleich and Spenser Lerner from Harbor Capital about owning and managing portfolios with innovation stocks.

 

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Feb 07, 2022
Stocks Work Best at Night (EP.242)
52:40

On today's show we discuss the market correction, why stock-picking is so difficult, small caps in a bear market, Bitcoin to $1 million, the Fed inverting the yield curve and more.

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Feb 02, 2022
Listener Mailbag
40:46

On today's episode we answer questions from the listeners with a little help from Rocket Dollar CEO Henry Yoshida.

 

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Jan 31, 2022
A Lightning Fast Correction (EP.241)
53:13

On this week's show we discuss what we love about market corrections, why people assume they can guess what comes next with the stock market, parallels between the growth stock sell-off and the end of the Go-Go Years, the crypto crash and much more.

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Jan 26, 2022
25 Million New Brokerage Accounts (EP.240)
53:01

On this week's show we discuss the retail investor takeover of the stock market, ARKK's performance woes, the impact of higher mortgage rates on the housing market, peak Silicon Valley and more.

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Jan 19, 2022
Talk Your Book: Investing in Sustainability
26:43
On today's Talk Your Book we spoke with Jim Madden from Calamos Investments about ESG investing and how it's changing the investment landscape. 
 
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Jan 17, 2022
Is the Fed Trapped? (EP.239)
53:18

On today's show we discuss 3 bearish scenarios for the stock market, why the Fed could be in a tight spot, growth stocks getting wrecked, the next step for NFTs, critics vs. the audience on Rotten Tomatoes and much more.

 

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Jan 12, 2022
Talk Your Book: Options Are Eating the Stock Market
33:11

On today's show we had Paul Kim from Simplify ETFs back on to discuss how RIAs are dealing with a low interest rate environment, dipping your toe into crypto, using options and leverage responsibly in a portfolio and more.

 

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Jan 10, 2022
Why The Bull Market Could Last a Lot Longer (EP.238)
50:14

On today's show we discuss the year that was in the stock market for 2021, why people hate the Fed so much, Michael's predictions for the year, why the bull market could continue to run, stock market FUD, Disney's new movie formula and much more.

 

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Jan 05, 2022
Howard Lindzon Unplugged
48:16

On today's special episode we speak with Howard Lindzon about his career, the state of venture capital today and what it's like investing in start-ups.

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Jan 01, 2022
When to Sell a Growth Stock (EP.237)
51:40

On this week's show we discuss an amazing year in the U.S. stock market, why celebrity SPACs stink, the impact of mortgage rates on housing prices, Web3 communities and much more.

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Dec 29, 2021
Listener Mailbag
36:09

On today's show we go over questions from listeners on creating an income-based portfolio, when to sell a struggling position, how to judge your financial advisor, borrowing against your home to invest and more.

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Dec 27, 2021
An Extraordinary Decade (EP.236)
47:19

On today's show we discuss Omicron, why the market is over the virus, Cathie Wood's bold return forecast, why everyone is lowering return expectations, why the middle class is unhappy, the future of movies and more.

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Dec 22, 2021
Talk Your Book: Massive ETF Inflows
33:50

On today's show we spoke with Matt Bartolini from State Street Global Advisors about ETFs, inflation and their 2022 outlook.

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Dec 20, 2021
Person of the Year (EP.235)
45:20
On today's show we discuss the NYC boom, the treasury bonds of the Nasdaq, return expectations over the next decade, why young people won't be scared off by a bear market, who is most impacted by inflation, why in-dining fast food may be a thing of the past and more.
 
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Dec 15, 2021
Talk Your Book: Investing in Carbon Allowances
29:37

On today's Talk Your Book, we spoke with Luke Oliver from Kraneshares about the huge potential in carbon allowances.

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Dec 13, 2021
The Most Crowded Stocks (EP.234)
43:11

On this week's show we discuss the growth stock crash, the third web, and wonder if Paul Thomas Anderson is overrated. 

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Dec 08, 2021
Talk Your Book: Down with Title Insurance
30:41

On today's Talk Your Book we spoke with Doma founder and CEO Max Simkoff about title insurance, home appraisals and making the purchase and refinance of your house more efficient.

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Dec 04, 2021
Housing Prices Are Still Too Low (EP.233)
48:46

On this week's show we discuss why the markets care about the new variant, Twitter's crappy stock performance, inflation at the Dollar Store, profit margins are too high, buying real estate in the metaverse and more.

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Dec 01, 2021
The High Beta Crash (EP.232)
49:55

On today's show we discuss why the stock market doesn't care about inflation (yet), the growth stock massacre, how corporations are taking advantage of inflation, the new frontiers in crypto, some career advice for The Rock and much more.

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Nov 24, 2021
Talk Your Book: Where to Save For Your Down Payment
31:20

On today's Talk Your Book we spoke with Taylor and Brett Sohns from Lifegoal Investments about their Home Down Payment ETF.

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Nov 22, 2021
Everyone Hates Inflation (EP.231)
50:03

On this week's show we discuss the highest inflation rate in 30 years, why this is a good time to be a borrower, why no one is happy about the economy right now, Michael got rugged in crypto and much more.

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Nov 17, 2021
Great Quartr Guys (EP.230)
46:51

On this week's show we discuss Elon Musk selling 10% of his Tesla shares, the pandemic trade is over, Zillow's blunder, Peloton's downfall, interest rates remaining low and much more.

 

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Nov 10, 2021
Talk Your Book: Why Annuities Have Higher Yields Than Bonds
31:55

On today's Talk Your Book, we spoke with David Lau from DPL Financial Partners about annuities and how financial advisors are dealing with low interest rates.

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Nov 08, 2021
There's No Crying in Crypto (EP.229)
44:50

On today's show we discuss the impact of rising rates on the stock market, Shibu Inu, the different levels of FOMO, parallels to the tech bubble, why everything we learned in business school is now worthless and much more.

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Nov 03, 2021
Talk Your Book: Real World Betting Markets
30:40

We spoke with Kalshi founder Tarek Mansour about betting on the outcomes of real-world events.

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Nov 01, 2021
Hyperinflation, It's Happening (EP.228)
49:40

On today's Animal Spirits we discuss worrying too much about the markets, Tesla's impressive performance, inequality in the stock market, trying to explain crypto to civilians, Jack the macro tourist, Dune and much more.

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Oct 27, 2021
Talk Your Book: How to Use Thematic ETFs
33:27

On this edition of Talk Your Book we spoke with Dave Mazza from Direxion about investing in WFH stocks, moonshots and the hydrogen economy.

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Oct 25, 2021
It Wasn't Transitory (EP.227)
49:23

On this week's show we discuss the new bitcoin ETF, higher than expected inflation, a positive spin on the supply chain issues, a record number of people quitting their job, the boom in consumer spending and more.

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Oct 20, 2021
Talk Your Book: Finding Growth Stocks Around the Globe
25:28

On today's Talk Your Book we spoke with Rob Forker of Polen Capital about investing in international small cap growth companies.

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Oct 18, 2021
The 24/7 Stock Market (EP.226)
46:22

On today's show we talk about supply chain issues, why millennials don't drive minivans, what constitutes being rich, net worth by age, my favorite Tom Hanks movie, the difference between housing affordability and the right time to buy a house and much more.

 

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Oct 13, 2021
Unaffordable Housing (EP.225)
56:17

On this week's show we discuss supply chain problems, buying Christmas presents early, why progress requires inflation, investors have been spoiled, housing affordability in the United States, Zillow's problems buying houses, Squid Game and much more.

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Oct 06, 2021
Listener Mailbag
39:55

On today's show we answer listener questions about inflation, commodities, refinancing, investing in gold, how to network when finding a job and much more.

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Oct 04, 2021
Richer Than Ever (EP.224)
51:45

On today's show we discuss Rich Dad Poor Dad, why bailouts are here to stay, Cathy Wood really likes treasuries, sports gambling hits the mainstream, options are enormous, how much it costs for a down payment and much more.

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Sep 29, 2021
Talk Your Book: Accelerating Your Returns
29:05

On today's Talk Your Book we spoke once again with Bruce Bond of Innovator ETFs about defined outcome investing.

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Sep 27, 2021
Probably Not The Next Lehman (EP.223)
48:23

On this week's show we discuss the newest market crisis du jour, what's holding down bond yields, the crypto narrative that doesn't hold water, America's day care system is broken and much more.

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Sep 22, 2021
Talk Your Book: The Fabric of Risk
33:49

On today's Talk Your Book we spoke with Rick Bookstaber of Fabric Risk about how advisors and their clients should approach the concept of risk in their financial plans.

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Sep 20, 2021
The Crypto Gateway Drug (EP.222)
52:20

On today's show we discuss the problem with historical analogs in finance, the biggest stocks in the stock market, why financial manias persist, why stablecoins earn such high rates of interest, the education gap between men and women, why U.S. home prices aren't as crazy as you think and much more.

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Sep 15, 2021
Talk Your Book: An Alternative to Low Bond Yields
35:36

On today's Talk Your Book, we spoke with David Lau of DPL Financial Partners about all things annuities and how they can help advisors in a low interest rate world.

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Sep 13, 2021
Interest Rates Are Never Going Up Again (EP.221)
49:41

On today's show we discuss the early days of this podcast, Ray Dalio's performance issues, how wealth and demographics are impacting interest rates, why bitcoin matters, Ben's week with Covid and more.

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Sep 08, 2021
Talk Your Book: Insourced CIO
33:58

On today's Talk Your Book we spoke with Helios CEO Chris Shuba about estate planning and investment services for financial advisors.

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Sep 06, 2021
The Big Long (EP.220)
44:54

On today's show we discuss a Covid outbreak for Ben, the shifting risk appetite for young people, getting rich overnight has never been easier, why money supply is not inflation, the labor shortage hitting close to home and more.

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Sep 01, 2021
Listener Mailbag
45:48

On today's episode, the guys are back with another episode of listener questions.

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Aug 30, 2021
How to Crush a Job Interview (EP.219)
45:04

On today's show we discuss the pros and cons of the CFA, tales of Michael's old job interviews, seeing both sides of the NFT boom, why moving money in crypto is still so complex, people working two jobs remotely, why we're taking money out of our homes and more.

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Aug 25, 2021
Talk Your Book: Bring Your Own Deal
30:44
On today's Talk Your Book we spoke with Rocket Dollar CEO Henry about self-directed IRAs.
 
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Aug 23, 2021
Ben Turns 40 (EP.218)
49:51

On this week's show we discuss direct-listed IPO performance, the scorching hot NFT market, Ben's milestone birthday, transitory inflation signals, shortages in the economy, the relativity of rich and much more.

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Aug 18, 2021
Did Bitcoin Kill Gold? (EP.217)
48:50

On today's show we discuss investors behaving better, meme stock pushback, what is wrong with gold, why crypto isn't crashing despite more regulation, canceling student loan interest, Michael's trip to the casino and more.

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Aug 11, 2021
Talk Your Book: Investing in Dual Impact ETFs
24:13

On today's Talk Your Book we spoke with Wendy Wong of New York Life Investments about investing to fight heart disease.

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Aug 09, 2021
Emergency Pod: We Were Both Wrong About Robinhood
14:13
On Wednesday, we held a Twitter Spaces to discuss the Robinhood IPO and the fact that Ben sold his shares last week.
 
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Aug 05, 2021
The Best Way to Get a Raise (EP.216)
50:25

On today's show we discuss Ben's recent trip to NYC, how the psychology around money can shape your relationships, the 1987 of recessions, the Robinhood IPO, changing how we think about debt, how much money it takes to feel financially secure and more.

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Aug 04, 2021
We Love to Spend Money (EP.215)
42:33

On this week's show we discuss the insane run in stocks over the last 12 years, what's moving crypto prices lately, when to take profits from a big winner, the shortest recession ever, housing price appreciation slowing down, the Netflix of homebuilding, Robinhood vs. Coinbase and much more.

 

Jul 28, 2021
Prices Only Go Up (EP.214)
47:02

On this week's show we discuss the difference between a trip and a vacation, what it means to be rich, the inflation conundrum, why it's easier to raise prices than lower them, why Roth IRAs won't get taxed again, the best show no one talks about and much more.

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Jul 21, 2021
Talk Your Book: Invest by Avoiding the Losers
32:49
On today's Talk Your Book, we spoke with Julian Koski of New Age Alpha about setting baselines and probabilities on current stock prices to help avoid the losers in the future.
 
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Jul 19, 2021
High School Reunion (EP.213)
51:57

On today's episode we discuss the Roaring 20s, why things are better than you think, the coming baby bust, the end of cash, who's driving up home prices, the end of the movie business, Ben's high school reunion and more.

Today’s show is brought to you by Masterworks, allowing you to invest a portion of your portfolio in fine art.  Learn more at masterworks.io. Promo Code: coupdegras

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Jul 14, 2021
Talk Your Book: Quality Growth
31:10

On today's show the guys talk with Eric Schoenstein, CIO at Jensen Investment Management about how to find quality growth companies trading at a reasonable price. Find complete shownotes on our blogs...
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Jul 12, 2021
$35 Trillion Giveaway (EP.212)
50:32
On today's show we discuss unplugging from social media for the weekend, the big move in stocks from the bottom of the bear market, why this time is different, the great migration from CA to Austin, Robinhood's S-1, the coming inheritance wave, some thoughts on The Tomorrow War and much more.
 
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Jul 07, 2021
The Wealthiest Generation (EP.211)
39:16

On this week's show we discuss money piling into crypto, bubble experts, flows over pros, young people waiting to settle down, the housing market conundrum, households are richer than ever, FOMO lessons from The Great Outdoors and more.

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Jun 30, 2021
Talk Your Book: Anti-Carry
31:29
On today's show, the guys talk with Paul Kim of Simplify on how to sell vol and not get run over by the proverbial steamroller. 
 
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Jun 25, 2021
Lifestyle Creep (EP.210)
48:33

On today's show we discuss inflation, why bond yields are falling, getting wrecked in DeFi, fintech's customer service problem, taking a family loan to buy a house, managing the economic boom and much more.

 

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Jun 23, 2021
Fed Apologists (EP.209)
50:12
On this week's show we discuss the most underrate innovation of all-time, why the economy is more interesting than the markets, the wild housing market, why more young people may prefer to rent going forward, where have all the movie stars gone and more.
 
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Jun 16, 2021
Talk Your Book: The State of the Housing Market
37:36
On today's show the guys talk with Logan Mohtashami, lead analyst at Housing Wire. 
 
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Jun 11, 2021
Permanent Stimulus (EP.208)
48:24
On this week's show we discuss why crypto is sucking the air out of the room for investor attention, the future of bear markets, the insane cost of building a new home, meme stocks, the impact of stimulus checks, how to spend your money wisely and more.
 
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Jun 09, 2021
Talk Your Book: The Commodity Supercycle
32:43
On today's Talk Your Book we spoke with Direxion's Ed Egilinsky about the potential for a commodities supercycle and why it makes sense to be tactical when it comes to commodities exposure.
 
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Jun 04, 2021
And Then I Got Scammed (EP.207)
50:41
 
 
Description: On this week's show we discuss the king of SPACs, how the internet broke people's brains, Guy Fieri, the promise of crypto, the history of money market funds, how the rent vs. buy dynamic has changed in a hot housing market, Mare of Easttown and more.
Jun 02, 2021
Listener Mailbag (EP.206)
43:26
On today's show we answer listener questions on real estate, asset allocation, where to save retirement money, dealing with big gains in individual stocks and much more.
 
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May 28, 2021
The Worst Time To Buy a Home (EP.205)
47:51
On today's show we discuss Tesla vs. Ford, the Robinhood effect, why 24/7 markets make volatility worse, trying to explain what DeFi is, the Frankenstein economy, why this is the worst time ever to be a home buyer, the greatest of Joe Pesci and more.
 
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May 26, 2021
A Shortage of Everything (EP.204)
54:20
On today's show we discuss Elon Musk's crypto tweets, why bitcoin is falling, some context behind the inflation numbers, the weirdest economy ever, why used car prices spiked, what happened to comedies and much more.
 
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May 19, 2021
Growth at a Reasonable Price
43:10
On today's show, the guys talk with Clay Gardner of Titan, an actively managed investment solution that is trying to disrupt mutual funds. 
 
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May 14, 2021
Bubbles Are Forever (EP.203)
48:39

On this week's show we discuss the huge miss in the job's report, why stock market valuations are so hard to use today, why we need to build more houses, the insane spike in lumber prices, the downfall of growth stocks, the most intimidating movie characters of all-time and more.

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May 12, 2021
We Should Be in a Bubble (EP.202)
47:22

On this week's show we discuss the roommate theory, Bill Murray, the massive scale of the 5 big tech stocks, rational vs. irrational bubbles, pros and cons of Robinhood, crypto going off and much more.

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May 05, 2021
The YOLO Economy (EP.201)
43:54

On this week's show we discuss the crypto crash, setting return expectations, make life changes because of the pandemic, cynical thinking because of the internet, taxes vs. the stock market and more.

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Apr 28, 2021
The Dumbest Week Ever (EP.200)
44:15
On this week's show we talk about dogecoin, the crypto crash, money-losing companies, buyers of second homes, why 2008 broke so many brains, a shortage of homeowners, a new idea for Airbnb and more.
 
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Apr 21, 2021
A Shortage of Workers (EP.199)
43:40
On today's show we discuss housing bubble talk, huge fund inflows into stocks, gains for the bottom 50%, shortages, inflation and investing in collectibles.
 
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Apr 14, 2021
Listener Mailbag
43:25

On today's Animal Spirits, Michael and Ben answer listener questions. Everything from personal finance to real estate to investments, and everything in-between. Keep the emails coming!

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Apr 09, 2021
Housing Bubble 2.0?
51:15
On today's show we discuss the rise in Gen Z traders, how retail investors are impacting the market, the 4 types of Robinhood traders, the dependability of market cycles, going from being a saver to being a spender and more.
 
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Apr 07, 2021
The Active Management Resurgence (EP.197)
52:01

On today's show we discuss the most bullish thing about the stock market right now, the catalyst for value beating growth, when the smart money is really dumb, the relationship between inflation and wealth inequality, the best time ever to found a start-up and more.

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Mar 31, 2021
Talk Your Book: Investing in the Gig Economy
30:39

On today's Talk Your Book we speak with David
Dziekanski, portfolio manager for the SoFi Gig Economy
ETF.

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Mar 26, 2021
An Affordability Crisis (EP.196)
55:00

On today's show we discuss rising real estate prices, how the work from home trend could impact housing, working at Goldman Sachs, the income required to be considered rich, benchmarking your retirement savings to your peers and more.

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Mar 24, 2021
Talk Your Book: The Case for Emerging Markets
37:37
On today's Talk Your Book we spoke with Nick Niziolek from Calamos Investments about the potential for emerging markets in the coming years.
 
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Mar 19, 2021
Super Bullish (EP.195)
48:46
On this week's show we talk about taking cash out of your house, the coming economic boom, why the Fed isn't printing as much money as you think, Beeple's $69 million NFT, why commodities aren't setting up for a supercycle, and more.
 
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Mar 17, 2021
Talk Your Book: Investing in Freedom
25:29

On today's show we speak with Perth Tolle of Life + Liberty Indexes about freedom as an investment factor. 

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Mar 12, 2021
The Recession is Over (EP.194)
47:46
On this week's show we discuss the wreckage in growth stocks, the outperformance of value, what the massive fiscal stimulus plan means for the economy, the inflation worry, the enemy of ARK, comedy sequels and more.
 
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Mar 10, 2021
Talk Your Book: The Most Ambitious ETFs
32:48
On today's Talk Your Book we chat with Simplify Asset Management CEO Paul Kim about creating ETFs that are concentrated, enhance the upside and protect the downside.
 
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Mar 05, 2021
Never Bet Against America (EP.193)
48:11
On this week's show we discuss the recent rise in interest rates, how much rates really matter to the markets, the latest Buffett shareholder letter, when value stocks turn into momentum stocks, bubble debates and more.
 
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Mar 03, 2021
Talk Your Book: Investing in Moonshots
28:22
On today's Talk Your Book, we spoke with Direxion's Dave Mazza about the Direxion Moonshot ETF and how to invest in the most innovative companies.
 
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Feb 26, 2021
The Beanie Baby Bubble (EP.192)
47:47

On today's show we discuss the collectibles boom, similarities and differences to the Beanie Baby boom of the late-1990s, NBA Top Shot, ISAs for pro athletes and more.

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Feb 24, 2021
Listener Mailbag
40:33
On this episode, we cleaned out our inbox to answer questions from listeners about retirement, personal finance, investing, markets, careers, and more.
 
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Feb 19, 2021
Bidding Wars (EP.191)
40:39
On today's show, we discuss food delivery as a viable business, SPACs vs IPOs, the new benchmark for tech companies, the red hot real estate market, Bryan Cranston vs Tom Hanks, and more.
 
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Feb 17, 2021
Talk Your Book: The Madness of crowds
30:14
On today's show, the guys talk to Daniel Crosby, PhD, the Chief Behavioral Officer of Orion Advisor Solutions about some of the craziest few weeks in stock market history. 
 
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Feb 12, 2021
Money Tree (EP.190)
51:25
On this week's episode we discuss Elon Musk becoming the new Warren Buffett, companies putting bitcoin on their balance sheet, the Mount Rushmore of CEOs, NFTs and trading cards, tapping your home equity and more.
 
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Feb 10, 2021
Talk Your Book: Commission-Free Insurance
36:15
On today's show, the guys talk with David Lau from DPL Financial Partners about how they're improving the insurance sales for advisors and their clients. 
 
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Feb 05, 2021
The Big Squeeze (EP.189)
57:38
On this week's show we talk about all things GameStop, Robinhood, short-sellers, when markets become a pop culture phenomenon, why people are so angry with Wall Street and much more.
 
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Feb 03, 2021
It's Very Different This Time (EP.188)
50:43

On today's show we talk about the wild moves in Gamestop, why this is now a young person's market, why the SEC is probably going to come calling for some YOLO investors, why this is and is not like 1999, how hedge funds got beat by retail traders and much more.

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Jan 27, 2021
Talk Your Book: Investing in Fixed Income
40:49
On today's show, Michael and Ben talk with Gibson Smith of Smith Capital Investors about how the structure of the fixed income market has evolved over time, what happened to bond funds and ETFs in March? The potential problems with plain-vanilla bond indexes, and much more
 
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Jan 22, 2021
Micro Bubbles (EP.187)
46:48
On today's show we discuss why index funds will never cause a bubble, how day traders are evolving, the best-performing stocks of 2020, penny stock madness and why 2021 could see the economy shoot the lights out.
 
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Jan 20, 2021
Tesla is the Next Tesla (EP.186)
45:04
On this week's show we discuss the outsized role tech companies play in our democracy, why aggression is highly contagious, why the stock market is creating bubbles, the battle between fiscal and monetary policy, bitcoin whales and much more.
 
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Jan 13, 2021
Should I Use a Roth or a Traditional IRA?
17:05
On today's show, we talk with Bill Sweet about the different options investors should consider when thinking about what type of vehicle they should use for their retirement money. 
 
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Jan 11, 2021
Talk Your Book: 2021 Outlook
30:17
On today's Talk Your Book, we speak with Matthew Bartolini about options for diversified investors going forward, how to think about volatility in fixed income investments, cyclical stocks in 2021, the different types of income investments and more.
 
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Jan 08, 2021
Inflation Truthers (EP.185)
40:45
On this week's show we discuss why inflation isn't being understated, why the economy is so difficult to understand, why growth is outperforming value, the case for higher returns even with valuations so high, why Bitcoin is a religion, how incomes rose during the pandemic and much more.
 
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Jan 06, 2021
The Best of 2020
34:13
On today's last show of the year, we look back at the biggest stories from 2020 as well as our favorite books, movies and TV shows.
 
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Jan 01, 2021
Everyone Knows Everything (EP.184)
38:37
On this week's show we discuss the luck of the draw in the economy this year, our new fantasy trading game, pockets of froth in the markets, Tesla speculators, ARK inflows, why Roths are overrated and much more.
 
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Dec 30, 2020
Talk Your Book: Momentum Investing With Joe Terranova
33:15
On today's show, Michael and Ben talk with Joe Terranova of Investment Partners about the lessons from 2020, and the launch of his new investment ETF. 
 
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Dec 25, 2020
Never Stop Buying Lottery Tickets (EP.183)
43:15
On this week's show we discuss the new stimulus bill, why the stock market isn't always this easy, Tesla investors who made a boatload of money, Robinhood lawsuits, the potential for a Roaring 2020s and more.
 
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Dec 23, 2020
How to Start Your Financial Life (EP.182)
35:07
On today's show we discuss financial topics for young people including how much you should spend on an engagement ring, how to talk about money with your significant other, how much a wedding costs, managing money when you're married, starting to save for retirement, buying your first house and more.
 
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Dec 18, 2020
IPO Mania (EP.181)
42:55

On this week's show we discuss the Airbnb and DoorDash IPOs, similarities and differences between now and the 1990s dot-com boom, why IPOs rise so much on the first day of trading, YOLO structured notes, why the vaccine is our moon landing and more.

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Dec 16, 2020
Talk Your Book: ESG Investing
28:42
On today's show, Michael and Ben talk with Brie Williams of State Street Global Advisors about the momentum behind ESG investing. 
 
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Dec 11, 2020
How America Invests (EP.180)
51:41

On today's show we discuss AT&T vs. Verizon, why we could see the highest CAPE ratio ever, the end of movie theaters, why selling is the hardest part of investing, when we'll get the vaccine, the best movies you haven't seen and much more.

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Dec 09, 2020
Blog Post: How Ben Invests His Money
07:25

Inspired by the new book, How I Invest My Money, Ben shares how he manages his own money.

Dec 07, 2020
Book Excerpt: The 20 Rules of Personal Finance
08:24

Ben reads a chapter from his new book, Everything You Need to Know About Saving For Retirement.

Dec 05, 2020
Talk Your Book: The Structured Marketplace
37:02

On today's show we talked with Jason Barsema, co-founder and CEO of Halo Investing, an online marketplace for structured products, annuities, and buffered ETFs.

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Dec 04, 2020
Raising the Minimum Wage (EP.179)
43:05

On this wee's show we discuss bitcoin vs. gold, billionaires and the minimum wage, there is no perfect number for your savings goals, the downside of FIRE, why credit card debt it falling, the pros and cons of Robinhood on investor habits, Ben's new book about saving for retirement and more.

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Dec 02, 2020
Blog Post: Is Robinhood Good For Investors?
04:35

A few weeks ago on a Zoom conference call, Michael was asked "Is Robinhood good for investors?"

In this episode, Michael shares how this question caused him to think more deeply about his answer. 

Nov 30, 2020
Is Bitcoin the New Gold (EP.178)
47:11

On this week's show we talk about the bitcoin bull market, the generational wealth gap, who owes all the student loan debt, why poor people still buy luxury goods, investing in TikTok mansions, young people entering the housing market and more.

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Nov 25, 2020
Talk Your Book: Direct Indexing
27:01

On today's show, Michael and Ben talk with Rusty Vanneman, Chief Investment Officer at Orion Advisor Solutions about all things related to direct indexing.

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Nov 20, 2020
Cancel All the Debt (EP.177)
45:23

On this week's show we discuss vaccine Mondays, why the market doesn't care about increasing cases, what's the best age to die, making emergency funds obsolete, too much cash on the sidelines and more.

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Nov 18, 2020
Blog Post: How Much is $20 a Month Worth?
03:36

Ben looks at one of the hardest problems for most people when it comes to building wealth -- regularly saving money and shows why $20/month could be worth more than you think.

And he has an announcement for his all new book about saving for retirement.

Nov 16, 2020
BLOG POST: How I Invest My Money
06:07

Ben and I are trying something new.

Once or twice a week we're going to read a blog post and drop it in Animal Spirits. If you like it, we'll keep going, if not, we'll stop.

The first post from Michael was inspired by Josh Brown and Brian Portnoy's new book "How I Invest My Money"

Nov 14, 2020
Talk Your Book: But What Happens Tomorrow?
28:45

On today's show we talk with Michael Arone, Chief Investment Strategist at State Street Global advisors about how elections impact the market, and why we might be on an unsustainable path going forward.

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Nov 13, 2020
The Vaccine (EP.176)
36:40

On this week's show we discuss what a vaccine would mean for the markets and economy, why a post-pandemic market will be so difficult to handicap, the potential for a massive boom post-vaccine, market moves after the election, corporate America as our strongest institution, why this year has been so challenging for investors and more.

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Nov 11, 2020
Trading the Election (EP.175)
49:44

On this week's show we discuss how to think about your portfolio in relation to the presidential election, how markets tend to react during the post-election period, is it finally time for value to outperform growth, the resistance of the U.S. economy, the best new show of 2020 and much more.

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Nov 04, 2020
Talk Your Book: Stacker ETFs
32:04

On today's Talk Your Book we welcomed back Bruce Bond from Innovator Capital Management to talk about the new Stacker ETFs.

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Oct 30, 2020
The Worst Chart in Finance (EP.174)
45:44

On this week's show we discuss why the price of oil is losing its luster as a macro indicator, who owns the stock market, the rise of new investment classes, Robinhood as the financial hub for millennials, why people aren't happier and more.

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Oct 28, 2020
Talk Your Book: Is the Fed too entrenched?
26:41

On today's Talk Your Book, Michael and Ben speak with Marvin Loh of State Street Global Markets about all things related to interest rates, the federal reserve, and inflation.

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Oct 23, 2020
Bad Ideas (EP.173)
48:45

On this week's show we discuss why baby boomers are selling out of stocks, the 4% rule, the newest star fund manager, why FICO scores are rising this year, companies piling on debt, how social media is making people miserable, some optimism on the pandemic front and much more.

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Oct 21, 2020
Talk Your Book: What's In an Index?
28:28
On this edition of Talk Your Book we spoke with Laurence Black, founder of The Index Standard about how to pick the right products, ETFs and indices for your portfolio.
 
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Oct 16, 2020
Bearish the Whole Way Up (EP.172)
43:25

On this week's show we discuss why it's impossible to invest based on the outcome of the election, how the market's reaction evolves over time, the coming travel spending boom, how healthcare costs have hurt incomes, baby bonds and more.

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Oct 14, 2020
Talk Your Book: Protecting the Tails
28:35
On this edition of Talk Your Book we sat down with Simplify Asset Management's Paul Kim to discuss how investors can protect their portfolios from both upside and downside volatility in the stock market.
 
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Oct 09, 2020
Living Through History (EP.171)
43:18

On this week's show we discuss how crazy it is to live through a period of time that will go down in the history books, why this recession has been devastating to working women, the next Robinhood, the IPO boom, dividend stocks as a bond substitute and more.

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Oct 07, 2020
A Random Talk with Burton Malkiel
32:31
On today's show we sat down with Burton Malkiel, author of the classic book A Random Walk Down Wall Street.
 
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Oct 02, 2020
Worst Recession Ever (EP.170)
42:21

On this week's show we discuss some bright spots from the pandemic, the massive real estate boom, the housing shortage, more diversity in the stock market, when asset allocation doesn't matter, the SPAC boom and more.

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Sep 30, 2020
Talk Your Book: Investing in Gold
36:29

On today's show we spoke with George Milling-Stanley, Chief Gold Strategist at SSGA about all things related to investing in Gold.

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Sep 25, 2020
It's Hard Being Rich (EP.169)
47:37

On this week's show we discuss a minor correction in the stock market, why the upper middle class has so much debt, why fame and wealth don't always lead to more happiness, how baby boomers are messing up fund flow data, keeping politics out of your portfolio, the next big bull markets and more.

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Sep 23, 2020
Everything You Need to Know About Retirement (EP.168)
33:41

On this show we do a deep dive on everything retirement-related including how much you need to save, how much is enough, what happens when you get a late jump on retirement planning and much more.

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Sep 18, 2020
Upside Down Markets (EP.167)
43:58

On this week's show we discuss some work from home backlash, parents vs. single people in the office, where inflation comes from, the new fiscal policy regime, why markets are so hard, experts on an earlier version of the world, the two beers and a puppy rule, the growth in sports gambling and more.

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Sep 16, 2020
Democracy Has Failed (EP.166)
41:45

On this week's show we discuss why tech stocks are finally selling off, why the best companies have to crash, stopping a depression in its tracks, the TINA market in bonds, benchmarking endowment funds, investing in timeshares, Airbnb and more.

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Sep 09, 2020
The Economics of Parenting (EP.165)
37:29

On this episode we discuss the finances of parenting from what you need to buy, how to prepare yourself financially and emotionally, the cost of daycare, saving for college, teaching your kids about money and more.

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Sep 04, 2020
Asset Price Hyperinflation (EP.164)
44:04

On this week's show we discuss modern market cap theory, the continued move higher in Tesla shares, the Fed's new inflation mandate, millennials are finally buying houses, Michael is never going into a car dealership again and more.

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Sep 02, 2020
Talk Your Book: Sectors & The Business Cycle
32:02

On today's Talk Your Book we sat down with State Street's Matt Bartolini to discuss investing in different sectors of the stock market and what these sectors can tell us about where we are in the business cycle.

 
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Aug 28, 2020
Trickle Up Economics (EP.163)
48:37

On this week's show we discuss the potential for a spending boom when the pandemic is over, what happens to all of the government debt we're racking up, what happened to the middle class in America, the red hot housing market, a tough fall ahead for students and parents and much more.

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Aug 26, 2020
How to Spend Your Money (EP.162)
34:48

On this episode, we do a deep dive on budgeting, conscious spending, classflation, the two types of budgets, how to plan for infrequent expenses, how to make your budget obsolete and much more as it pertains to one of the most important topics in all of personal finance.

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Aug 21, 2020
The Four Most Dangerous Words (EP.161)
51:25

On this week's show we discuss the speed of bear market recoveries, signs of inflation, the hardest problem in finance right now, which stocks day traders favor, what makes investing so difficult, being right for the wrong reasons, how the real estate market is changing on the fly and more.

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Aug 19, 2020
The Smart Money (EP.160)
46:01
On this week's show we discuss what low bond yields may be telling us, why the stock market is smarter than people give it credit for, the rise of investment newsletters, the bull market in gold, when the world will go back to normal, TikTok and Twitter, annuities vs. bonds and much more.
 
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Aug 12, 2020
The Economics of Homeownership (EP.159)
38:24

On today's show we talk about one of the most important topics in personal finance, home ownership.

Michael and Ben discuss renting versus buying, how to think about starter homes, where your house fits into your retirement plan, and much more.

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Aug 07, 2020
S&P 5 (EP.158)
52:34

On this week's show we discuss tech stock monopolies, Microsoft potentially buying TikTok, why more people are buying houses, what to do if your friends are speculating in stocks, Vanguard vs. Robinhood, the counterintuitive nature of this recession and more.

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Aug 05, 2020
Fixed Income Investing in a Low Rate World
23:03
On this edition of Talk Your Book we discuss the challenges of investing in a bond market will generationally low interest rates with Marvin Loh from State Street.
 
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Jul 31, 2020
The Golden Age of Fraud (EP.157)
47:50

On this week's show we discuss why market cycles are happening in record time, parallels to the 1990s, speculative frenzy, anecdotal stock market signals, the red hot real estate market, commercial real estate, how work from home will change in the future, gold going crazy, how much to pay for an engagement ring, and much more.

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Jul 29, 2020
10,000 Day Traders (EP.156)
43:10
On this week's show we discuss new all-time lows in mortgage rates, why this is no normal recession, hopes and questions for a vaccine, Betterment vs. Robinhood, saving money when you earn a bonus and more.
 
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Jul 22, 2020
This is a Bubble (EP.155)
45:38

On this week's show we discuss the bubble behavior in Tesla, Elon Musk becoming richer than Warren Buffett, Robert De Niro is going broke, simple > complex, the home renovation boom, wealth inequality's impact on gambling, Hulu is better than Amazon Prime and more.

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Jul 15, 2020
The Future of Education (EP.154)
49:36

On this weeks show we discuss the two types of investing mistakes, hangovers and sunburns, when markets actually make sense, migration out of big cities, Tesla's unbelievable run, a world with no yield, the joys of indexing, options for college kids in the fall and much more.

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Jul 08, 2020
Existential Hurricane (EP.153)
48:39

On this week's show we discuss growing worries about the economy, a double-dip depression, why the Fed may have to backstop the banks, shorting commercial real estate, the dominance of the biggest tech stocks, lower interest rates for a long time, what about Japan, inflationary scars and much more.

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Jul 01, 2020
Inflation Ahead (EP.152)
42:42

On this week's show we discuss Jeremy Siegel's inflationary scenario for the market, why it's time to stop complaining about the Fed, why poverty in the US actually improved during this crisis, is this another bubble, the garbage portfolio, why this is such a difficult time to invest as a retiree and much more.

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Jun 24, 2020
Talk Your Book: Advisor Solutions with Helios
24:38

On today's show we talk with Chris Shuba, founder and CEO of Helios Quantitative Research. Helios partners with financial advisors to create a unique and compelling asset management experience for their clients.

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Jun 19, 2020
The Opposite of a Falling Knife (EP.151)
40:35

On this week's show we discuss who is driving market prices right now, Robinhood's PR dream, the Hertz bankruptcy story, Dave Portnoy's day-trading escapades, why active managers should be salivating right now, how private equity could turn out like index funds, why bad news resonates more than good news, is the banking industry heading for a collapse and more.

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Jun 17, 2020
Stock Market Euphoria (EP.150)
43:21

On this week's show we discuss the insane move in the stock market from the lows, the surprising unemployment numbers, underestimating the Fed, going from the Great Depression to euphoria in a matter of months, why international stocks are finally joining the fun, private equity in 401k plans, racial wealth inequality, Airbnb's comeback and more.

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Jun 10, 2020
Talk Your Book: How to Make Better Financial Decisions with Daniel Crosby
28:25

On this Talk Your Book we chat with Daniel Crosby about behavioral psychology, why we're not wired to manage money, how to improve your financial decisions and how systems and automation can help.

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Jun 05, 2020
The Unluckiest Generation (EP.149)
41:50

On this week's show we discuss the saddest week in a long time, post-traumatic growth, 2020 vs. 1968, why working from home is a privilege, inequality in America, the explosion in the airline ETF, Carl Icahn's big losses in Hertz, teaching your children about investing and much more.

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Jun 03, 2020
Valuations Don't Matter (EP.148)
51:31

We discuss why Zoom is worth more than the 5 biggest U.S. airlines, how many of the pandemic stocks are here for good, Spotify taking over the podcast game, Amazon possibly buying JC Penney, winners and losers from the WFH trend, the summer bull case for Airbnb, why alternative ETFs haven't worked, what happens to the conference industry and much more.

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May 27, 2020
Talk Your Book: Investing in Corporate Real Estate
29:51

On today's show we talk about all things related to corporate real estate in the United States. How has it been affected by COVID-19, what does the future look like, and what does it all mean for investors.  

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May 22, 2020
Is the Stock Market Wrong? (EP.147)
46:11

We discuss what a potential vaccine means for stock market, we could see a bubble after this, retail bankruptcies, the food delivery business, why the stock market is so confusing right now, inequality in this crisis, active fund performance during the bear market and much more.

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May 20, 2020
Too Young, Too Dumb and Too Inexperienced (EP.146)
42:13

We discuss inequality among corporations, differences in the unemployed by education, the best new restaurant in the country just went out of business, why housing prices are rising during the crisis, millennials fleeing big cities, you are not Stanley Druckenmiller and much more.

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May 15, 2020
Fallen Angels (EP.145)
46:13

We discuss why stocks aren't doing better in countries with a better virus response, why portfolio managers hate the Fed, how are the airlines going to survive, finding some gray area in the crisis data, food delivery price gouging, white-collar layoffs, working out from home, Peter Lynch crisis stocks, millennials receiving social security and more.

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May 13, 2020
Whatever It Takes Squared (EP.144)
48:25

On this week's show we discuss Warren Buffett's annual meeting, why Berkshire didn't buy anything, crisis buzzwords, the death of commodities, retailers going out of business, the rise in credit card debt, comedy Oscars and much more.

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May 06, 2020
A Noob Whale Picker's Market (EP.143)
45:57

We discuss how hard it is to outperform the market, why investors need to be more open-minded, how the crisis will impact millennial home-buying, how the Fed is redefining central banking, Occam's razor on interest rates, how inflation impacts growth and value stocks, noobwhales attracted to market turmoil and much more.

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May 01, 2020
Capitalism As We Know It (EP.142)
46:16

We discuss why credit card payments will be the first thing to go for people with financial problems, why so many people prefer real estate as an investment, colleges, and gyms are in trouble, people who will leave big cities, how a crisis can change your investment thesis on the fly and more.

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Apr 29, 2020
Physical Delivery (EP.141)
44:23

We discuss why the stock market isn't falling more, craziness in the oil market, why "normal" portfolios may be performing better during the crisis, the death of department stores, banks, bailouts and much more.

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Apr 24, 2020
Free Oil (EP.140)
40:47

We discuss fairness in the bailout process, why no one believes in this market, why it's been so difficult to outperform the market during this bear, Munger and Buffett's changing appetite for risk, why epidemiologists would make good investors and much more.

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Apr 22, 2020
The Second Wave (EP.139)
49:55

We discuss the path to normalcy, why the economy is going to be operating at partial capacity for some time, when people will begin flying again, why people are so angry with the bailouts, counterintuitive real estate trends, why colleges may be in trouble this fall and much more.

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Apr 17, 2020
Mountains of Debt (EP.138)
36:51

On this week's show we discuss the pandemic's impact on Disney, when people will be willing to go to large events in the future, private equity companies getting bailed out, anger coming from Main Street, counterintuitive markets, professional sports with no fans and much more.

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Apr 15, 2020
The Fed's Bazooka (EP.137)
45:50

We discuss the latest unemployment numbers, the massive help coming from the Fed, why markets are so confusing at the moment, a new theory on forward stock market returns and why investing is so difficult in this environment.

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Apr 10, 2020
Some Good News (EP.136)
40:26

On this week's show we discuss some good news out of NYC, can this ever be over until we have a vaccine, why this is more like a war than a financial crisis, who is getting hurt the worst from job losses, the 4 rules of pandemic economics, the massive response from the Fed, and some stuff to worry about when this is all over

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Apr 08, 2020
The Great Unwind (EP.135)
43:23

We discuss the enormous effort from the science community to find a vaccine, using history as a guide even when every bear market is different, a wild month in the stock market, the coming small business apocalypse, how many people will have trouble with mortgage/rent payments, inequality in the downturn and much more. 

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Apr 03, 2020
The Dead Cat Bounce? (EP.134)
49:34

On this week's show we discuss avoiding politics during a crisis, unintended consequences from the shutdown, the spike in national debt, why economics is so confusing, bottoms vs dead cat bounces, when to rebalance and more.

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Apr 01, 2020
The Historic Surge in Unemployment (EP.133)
41:28

On this new episode we discuss the awful unemployment numbers, the new fiscal stimulus bill, restaurants in trouble, other businesses impacted, what happens if you buy too early, the best books on market panics, timing the bottom and much more.

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Mar 27, 2020
The First Thing to Go During a Crisis (EP.132)
46:42

On this week's show we discuss hindsight bias when the crisis is over, impressive measures by other countries, turmoil in the bond markets, will we get a new generation of Depression babies, the need for fiscal stimulus and more.'

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Mar 25, 2020
Bailing Out Main Street (EP.131)
36:37

On today's episode, we discuss the number of businesses impacted by the coronavirus shutdown, the potential fiscal stimulus plan, why interest rates are rising, how to think about rebalancing into the pain, Great Depression comparisons and much more.

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Mar 20, 2020
Is this worse than 2008? (EP.130)
47:45

On this week's show we discuss working from home, the enormous impact the coronavirus is having on the economy, how people's lives are changing in a hurry, turmoil in bond ETFs, the differences between now and 2008 and much more.

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Mar 18, 2020
Talk Your Book: Positive and Negative Compounding: Trading Direxion Leveraged ETFs
29:33

On today's show we speak with Dave Mazza, head of product at Direxion about trading levered ETFs, and other products they're working on.

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Mar 16, 2020
Emergency Podcast: Preparing for a Recession
24:43

On today's emergency edition of Animal Spirits, we discuss the severe disruption being caused by the coronavirus, why it's ok to overreact but not panic, how to prepare for a recession and why personal finances are more important than portfolio management at a time like this.

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Mar 12, 2020
Oil's 1987 Moment (EP.129)
41:34

On this week's episode we talk about the carnage in the stock market, the huge drop in oil prices, going from the fear of missing out to the fear of being in, why moves in the markets feel like they're happening faster than ever, some context around the plunge, are investors overreacting, the Fed's bazooka, why bonds are scarier than stocks right now and much more.

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Mar 11, 2020
A Random Watch Down Wall Street: The Founder
27:53

On this week's business movie re-watch, we discuss The Founder, the Michael Keaton movie from 2016 about Ray Kroc and how he built McDonald's into an empire from humble beginnings.

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Mar 09, 2020
The Emergency Rate Cut (EP.128)
46:43