Ben Carlson

speaker

1,555 appearances 4 recordings 4 series first heard Apr 2026 last heard 11 Jun

Ben Carlson’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months

Recordings per month over the last 12 months — 4 in all, peaking in Jun 2026 with 2.

Appearances

newest first · ▶ plays the moment

The Rational Reminder Podcast · Ben Carlson: Investing at All-Time Highs | #412 · 4 Jun 2026 podcast

It's kind of crazy.

Over 50 years, the long-term worked.

It's just that over that 20 or 30 year period, it didn't work so well because yeah, the Nikki didn't get a new high until like 2024 after peaking 1989.

It's crazy.

The Great Depression is the one that I always keep coming back to.

I read Andrew Ross Sorkin's book, 1929.

It's a fascinating period of time for me.

So the US stock market crashed like 86%.

I can't imagine that happening today.

And one of the reasons that society didn't just completely fall apart, and what it felt like it kind of did, I guess, no one really invested in the stock market back then.

That was one of the surprising things to me in my research is that it was like 1% or 2% of US households had any money in the stock market.

It was more the economy that really took people down.

And 20%, 25% unemployment rate, the economy going nowhere, and Fed officials and government officials making it worse.

So a lot of people have asked me, do you think that could happen again?

Never want to say never when it comes to the markets.

But I have a hard time thinking that we could allow the US stock market to fall 80%, 90% these days just because so many more people are involved in the markets now.

Government officials...

just have more institutional knowledge about how to step in and save these things and act as a lender of last resort than they did back then.

The Fed was still pretty new when the Great Depression happened.

They didn't have all the power they have today.

Showing 521–540 of 1,555 · page 27 of 78