Animal Spirits Podcast

On episode 413 of Animal Spirits, ⁠⁠⁠Michael Batnick⁠⁠⁠ [https://theirrelevantinvestor.com/] and ⁠⁠⁠Ben Carlson⁠⁠⁠ [https://awealthofcommonsense.com/] discuss: how retail became the smart money, why long-term investing caught on, where the money is coming from to buy the dips, chances of re-testing the lows, the Moody's downgrade, millionaires next door, takeout food culture, the broken housing market and much more! This episode is sponsored by Nuveen and YCharts. *  Invest like the future is watching. Visit: https://www.nuveen.com/future [https://www.nuveen.com/future] to learn more. *  Learn why 9 out of 10 advisors say YCharts is a best-in-class platform at YCharts.com [https://get.ycharts.com/platform/tools/risk-profiles/?utm_source=Animal_Spirits&utm_medium=Landing_Page&utm_campaign=Risk_Profiles_Tools_Page&utm_content=Podcast%E2%81%A0]. Sign up for The Compound newsletter and never miss out: ⁠⁠⁠thecompoundnews.com/subscribe⁠⁠⁠ [https://www.thecompoundnews.com/subscribe] Find complete show notes on our blogs: Ben Carlson’s ⁠⁠⁠A Wealth of Common Sense⁠⁠⁠ [http://awealthofcommonsense.com/podcast/] Michael Batnick’s ⁠⁠⁠The Irrelevant Investor⁠⁠⁠ [https://www.theirrelevantinvestor.com/] Feel free to shoot us an email at ⁠⁠⁠animalspirits@thecompoundnews.com⁠⁠⁠ [animalspirits@thecompoundnews.com] with any feedback, questions, recommendations, or ideas for future topics of conversation.   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. The Compound Media, Incorporated, an affiliate of ⁠⁠⁠Ritholtz Wealth Management⁠⁠⁠ [https://ritholtzwealth.com/], 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 [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/ [https://ritholtzwealth.com/podcast-youtube-disclosures/] Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

On episode 412 of Animal Spirits, ⁠⁠Michael Batnick⁠⁠ [https://theirrelevantinvestor.com/] and ⁠⁠Ben Carlson⁠⁠ [https://awealthofcommonsense.com/] discuss the China trade deal, retail was right, Wall Street was wrong, price vs. sentiment, markets saved us from a recession, record stock buybacks, 4-to-1 leverage and private equity in your 401k, Michael's real estate deals and more! This episode is sponsored by STF Management. Visit: https://stfm.com/ [https://stfm.com/] to learn more. Sign up for The Compound newsletter and never miss out: ⁠⁠thecompoundnews.com/subscribe⁠⁠ [https://www.thecompoundnews.com/subscribe] Find complete show notes on our blogs: Ben Carlson’s ⁠⁠A Wealth of Common Sense⁠⁠ [http://awealthofcommonsense.com/podcast/] Michael Batnick’s ⁠⁠The Irrelevant Investor⁠⁠ [https://www.theirrelevantinvestor.com/] Feel free to shoot us an email at ⁠⁠animalspirits@thecompoundnews.com⁠⁠ [animalspirits@thecompoundnews.com] with any feedback, questions, recommendations, or ideas for future topics of conversation.   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. The Compound Media, Incorporated, an affiliate of ⁠⁠Ritholtz Wealth Management⁠⁠ [https://ritholtzwealth.com/], 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 [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/ [https://ritholtzwealth.com/podcast-youtube-disclosures/] Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

On this episode of Animal Spirits: Talk Your Book, ⁠⁠⁠Michael Batnick⁠⁠⁠ [https://theirrelevantinvestor.com/] and ⁠⁠⁠Ben Carlson⁠⁠⁠ [https://awealthofcommonsense.com/] are joined by Brendan Ahern, CIO at KraneShares [https://kraneshares.com/] to discuss an update on China's economy, China real estate, the AI race with China, stock picking within China, consumerism outside the US, and much more! Find complete show notes on our blogs... Ben Carlson’s ⁠⁠⁠A Wealth of Common Sense⁠⁠⁠ [http://awealthofcommonsense.com/podcast/] Michael Batnick’s ⁠⁠⁠The Irrelevant Investor⁠⁠⁠ [https://www.theirrelevantinvestor.com/] Feel free to shoot us an email at ⁠⁠⁠animalspirits@thecompoundnews.com⁠⁠⁠ [animalspirits@thecompoundnews.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 [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. See our disclosures here: ⁠⁠⁠https://ritholtzwealth.com/podcast-youtube-disclosures/⁠⁠⁠ [https://ritholtzwealth.com/podcast-youtube-disclosures/] The Compound Media, Incorporated, an affiliate of ⁠⁠⁠Ritholtz Wealth Management⁠⁠⁠ [https://ritholtzwealth.com/], 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 [https://ritholtzwealth.com/advertising-disclaimers]. Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

On episode 411 of Animal Spirits, ⁠Michael Batnick⁠ [https://theirrelevantinvestor.com/] and ⁠Ben Carlson⁠ [https://awealthofcommonsense.com/] discuss Warren Buffett's legacy, no one can guess where the market is going, a 9 day win streak for stocks, Americans love to buy the dip, the next recession is going to be wild, Wall Street is very bearish, retail is bullish, Bitcoin didn't decouple yet, a housing market slowdown, the benefits of drinking and more. This episode is sponsored by YCharts and Fabric By Gerber Life *  get 20% off your initial YCharts subscription by visiting: ⁠⁠ [http://Betterment.com/advisors]https://go.ycharts.com/animal-spirits [https://go.ycharts.com/animal-spirits] * Join the thousands of parents who trust Fabric to help protect their family by visiting: http://meetfabric.com/SPIRITS [http://meetfabric.com/SPIRITS] Sign up for The Compound newsletter and never miss out: ⁠thecompoundnews.com/subscribe⁠ [https://www.thecompoundnews.com/subscribe] Find complete show notes on our blogs: Ben Carlson’s ⁠A Wealth of Common Sense⁠ [http://awealthofcommonsense.com/podcast/] Michael Batnick’s ⁠The Irrelevant Investor⁠ [https://www.theirrelevantinvestor.com/] Feel free to shoot us an email at ⁠animalspirits@thecompoundnews.com⁠ [animalspirits@thecompoundnews.com] with any feedback, questions, recommendations, or ideas for future topics of conversation.   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. The Compound Media, Incorporated, an affiliate of ⁠Ritholtz Wealth Management⁠ [https://ritholtzwealth.com/], 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 [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/ [https://ritholtzwealth.com/podcast-youtube-disclosures/] Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

On this episode of Animal Spirits: Talk Your Book, ⁠⁠Michael Batnick⁠⁠ [https://theirrelevantinvestor.com/] and ⁠⁠Ben Carlson⁠⁠ [https://awealthofcommonsense.com/] are joined by Shiloh Bates, Partner and CIO of Flat Rock Global [https://flatrockglobal.com/#why-flat-rock] to discuss the relationship between income and volatility, how CLOs perform during recessions, what CLO equity is, what happens when loans default, characteristics to look at for CLO managers, and much more! Find complete show notes on our blogs... Ben Carlson’s ⁠⁠A Wealth of Common Sense⁠⁠ [http://awealthofcommonsense.com/podcast/] Michael Batnick’s ⁠⁠The Irrelevant Investor⁠⁠ [https://www.theirrelevantinvestor.com/] Feel free to shoot us an email at ⁠⁠animalspirits@thecompoundnews.com⁠⁠ [animalspirits@thecompoundnews.com] with any feedback, questions, recommendations, or ideas for future topics of conversation.   Find Shiloh's book here: https://www.amazon.com/CLO-Investing-Emphasis-Equity-Notes/dp/1642376566 [https://www.amazon.com/CLO-Investing-Emphasis-Equity-Notes/dp/1642376566] Check out the latest in financial blogger fashion at The Compound shop: ⁠⁠https://www.idontshop.com⁠⁠ [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. See our disclosures here: ⁠⁠https://ritholtzwealth.com/podcast-youtube-disclosures/⁠⁠ [https://ritholtzwealth.com/podcast-youtube-disclosures/] The Compound Media, Incorporated, an affiliate of ⁠⁠Ritholtz Wealth Management⁠⁠ [https://ritholtzwealth.com/], 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 [https://ritholtzwealth.com/advertising-disclaimers]. Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]