Animal Spirits Podcast
Episodes
This is a Good Thing (EP.352)
20 Mar 2024
Contributed by Lukas
On episode 352 of Animal Spirits, Michael Batnick and Ben Carlson discuss: thoughts on Italy, consumers wall of cash, inflation at the grocery store, ...
Talk Your Book: The Mount Rushmore of ETFs
18 Mar 2024
Contributed by Lukas
On today's show, Ben Carlson and Michael Batnick are joined by Ryan McCormack, Factor and Core Equity Strategist and Paul Schroeder, QQQ Equity Produc...
The Richest Country in the World (EP.351)
13 Mar 2024
Contributed by Lukas
On episode 351 of Animal Spirits, Michael Batnick and Ben Carlson discuss: one of the most resilient stock rallies ever, money market funds vs. crypto...
Talk Your Book: The Bitcoin Halving
11 Mar 2024
Contributed by Lukas
On today's show, Ben Carlson and Michael Batnick are joined by Chris Kuiper, Director of Research, and Matt Horne, Head of Business Development for Fi...
Things Are Getting Stupid Again (EP.350)
06 Mar 2024
Contributed by Lukas
On episode 350 of Animal Spirits, Michael Batnick and Ben Carlson discuss: why the markets continue moving higher, why buy & hold is the best (and wor...
Talk Your Book: Private Investing for Fiduciaries
04 Mar 2024
Contributed by Lukas
On today's show, Ben Carlson and Michael Batnick are joined by Jacob Miller, Co-Founder of Opto Investments to discuss: how difficult it is for RIAs t...
Now Show Japan (EP.349)
28 Feb 2024
Contributed by Lukas
On episode 349 of Animal Spirits, Michael Batnick and Ben Carlson discuss: where Ben stayed in the Keys, Michael's surreal experience with Eli Manning...
Talk Your Book: Investing for Income
26 Feb 2024
Contributed by Lukas
On today's show, Ben Carlson and Michael Batnick are joined by Josh Greco, Senior VP and Senior Institutional Portfolio Manager for Franklin Income In...
The Fed Should Cut Already (EP.348)
21 Feb 2024
Contributed by Lukas
On episode 348 of Animal Spirits, Michael Batnick and Ben Carlson discuss: the people you see on every vacation, the cure for the loneliness epidemic,...
Talk Your Book: Putting a Floor on the Nasdaq 100
19 Feb 2024
Contributed by Lukas
On today's show, Ben Carlson and Michael Batnick are joined by Bruce Bond, Co-Founder and CEO of Innovator Capital Management to discuss: behavioral f...
Talk Your Book: No Worries with Jared Dillian
17 Feb 2024
Contributed by Lukas
On today's show, Ben Carlson and Michael Batnick are joined by Jared Dillian to discuss his new book No Worries: How To Live a Stress-Free Financial L...
Passive is Eating the Market (EP.347)
14 Feb 2024
Contributed by Lukas
On episode 347 of Animal Spirits, Michael Batnick and Ben Carlson discuss: why McDonald's is getting more expensive, the prospects for another bear ma...
Talk Your Book: Talking Bonds at the New York Stock Exchange
12 Feb 2024
Contributed by Lukas
On today's show recorded in person at the New York Stock Exchange, Ben Carlson and Michael Batnick are joined by Kay Herr and Rick Figuly of JP Morgan...
The Holy Grail of Investing (EP.346)
07 Feb 2024
Contributed by Lukas
On episode 346 of Animal Spirits, Michael Batnick and Ben Carlson discuss: concentration risk in the US stock market, economic dominance from the Unit...
Talk Your Book: Investing in Infrastructure
05 Feb 2024
Contributed by Lukas
On today's show, Ben Carlson and Michael Batnick are joined again by Bob Long, CEO of StepStone to discuss: - What investments StepStone is making wit...
Gen Z Is on Fire (EP.345)
31 Jan 2024
Contributed by Lukas
On episode 345 of Animal Spirits, Michael Batnick and Ben Carlson discuss: the types of people you see on every flight in America, why new highs in th...
Talk Your Book: What's Going on in the Bond Market?
29 Jan 2024
Contributed by Lukas
On this episode of Talk Your Book, Michael Batnick and Ben Carlson are joined by Alex Morris, CIO of F/m Investments to discuss: 2024 rate cut possibi...
New All-Time Highs! (EP.344)
24 Jan 2024
Contributed by Lukas
On episode 344 of Animal Spirits, Michael Batnick and Ben Carlson discuss: the average length of bull and bear markets, what's up with small cap stock...
Talk Your Book: Live at FARMCON
22 Jan 2024
Contributed by Lukas
On this episode, Michael Batnick and Ben Carlson are live at FARMCON to discuss: the macro economy and inflation in 2023 and 2024, commodity trading w...
The Cash-Returning Machine (EP.343)
17 Jan 2024
Contributed by Lukas
On episode 343 of Animal Spirits, Michael Batnick and Ben Carlson discuss: setting return expectations moving forward, US Large Cap stocks generating ...
Talk Your Book: Building Portfolios with AI
15 Jan 2024
Contributed by Lukas
On this episode, Michael Batnick and Ben Carlson are joined again by Chris Shuba, Founder and CEO of Helios Quantitative Research to discuss: the expe...
The Fee War Comes to Crypto (EP.342)
10 Jan 2024
Contributed by Lukas
On episode 342 of Animal Spirits, Michael Batnick and Ben Carlson discuss: the biggest winners and losers of 2023 in the markets, short-term vs. long-...
2024 Predictions (EP.341)
03 Jan 2024
Contributed by Lukas
On today's show we discuss 2023 market performance, a bunch of 2024 predictions, our favorite historical stock market return series, the high quality ...
What Will Perform Best in 2024? (EP.340)
27 Dec 2023
Contributed by Lukas
On episode 340 of Animal Spirits, Michael Batnick and Ben Carlson discuss: Christmas arguments, green shoots in prices, 1940s vs. 1970s inflation, why...
Talk Your Book: International Growth Investing
25 Dec 2023
Contributed by Lukas
On this episode, Michael Batnick and Ben Carlson are joined by Todd Morris, International Growth Portfolio Manager and Analyst for Polen Capital to di...
The Most Crowded Trade on Wall Street (EP.339)
20 Dec 2023
Contributed by Lukas
On episode 339 of Animal Spirits, Michael Batnick and Ben Carlson discuss: mission accomplished from the Fed, what comes after a soft landing, new hig...
Talk Your Book: What Is Private Credit?
18 Dec 2023
Contributed by Lukas
On this episode of Talk Your Book, Ben Carlson and Michael Batnick are joined by, Marco Hanig, Managing and Founding Principal of Alternative Fund Adv...
Dunking on Doomers (EP.338)
13 Dec 2023
Contributed by Lukas
On episode 338 of Animal Spirits, Michael Batnick and Ben Carlson discuss: good news on the economy, why the stock market loves lower inflation, did E...
Talk Your Book: The Companies Are Fine
11 Dec 2023
Contributed by Lukas
On today's Talk Your Book, Ben Carlson and Michael Batnick are joined by Alex Morris, CIO and President of F/m Investments to discuss: F/m Investments...
The Ben Carlson Top (EP.337)
06 Dec 2023
Contributed by Lukas
On episode 337 of Animal Spirits, Michael Batnick and Ben Carlson discuss: Charlie Munger, how much the Fed really matters, negativity bias in America...
Talk Your Book: High Prices Cure High Prices
04 Dec 2023
Contributed by Lukas
On today's Talk Your Book, Ben Carlson and Michael Batnick are joined again by Sal Gilbertie, CEO of Teucrium to discuss the golden grain cycle, the c...
$525k to be Happy (EP.336)
29 Nov 2023
Contributed by Lukas
On episode 336 of Animal Spirits, Michael Batnick and Ben Carlson discuss: why people keep spending so much money, long droughts between new highs in ...
Talk Your Book: Strategic Income
27 Nov 2023
Contributed by Lukas
On this episode, Michael Batnick and Ben Carlson are joined by Nuveen Portfolio Manager Nick Travaglino to discuss the bond market, the Fed, fixed inc...
You Can't Quantify Happiness (EP.335)
22 Nov 2023
Contributed by Lukas
On episode 335 of Animal Spirits, Michael Batnick and Ben Carlson discuss: the blowout year for the Nasdaq 100, how experience shapes investment decis...
People Love to Complain (EP.334)
15 Nov 2023
Contributed by Lukas
On episode 334 of Animal Spirits, Michael Batnick and Ben Carlson discuss: the Fed's victory over inflation, what Americans get wrong about inflation...
Talk Your Book: Bitcoin Fundamentals
13 Nov 2023
Contributed by Lukas
On today's show, Michael Batnick and Ben Carlson are joined by Chris Kuiper, Director of Research at Fidelity Digital Assets to discuss: fundamental r...
Finally, a Slowdown (EP.333)
08 Nov 2023
Contributed by Lukas
On episode 333 of Animal Spirits, Michael Batnick and Ben Carlson discuss: the cooling labor market, why the 60/40 portfolio looks more attractive now...
Talk Your Book: Betting on Duration
06 Nov 2023
Contributed by Lukas
On today's show, Michael and Ben are joined by Alex Morris, Co-Founder and CIO of the US Benchmark Series to discuss: making bets on duration, risks o...
The Biggest Rug Pull of Our Lives (EP.332)
01 Nov 2023
Contributed by Lukas
On episode 332 of Animal Spirits, Michael Batnick and Ben Carlson discuss: why so many people hate this economy, anecdotes vs. data, a depression in t...
Talk Your Book: Investing in Luxury
30 Oct 2023
Contributed by Lukas
On today's show, Michael and Ben are joined by Brendan Ahern, CIO of Kraneshares to discuss: the creation of Kraneshares Luxury ETF, demographic trend...
Higher for Longer (EP.331)
25 Oct 2023
Contributed by Lukas
On episode 331 of Animal Spirits, Michael Batnick and Ben Carlson discuss: higher growth and higher rates vs. lower growth and lower rates, why there ...
Talk Your Book: Equities With Guardrails
23 Oct 2023
Contributed by Lukas
On today's show, Michael and Ben are joined by Hamilton Reiner, MD, PM, and Head of US Equity Derivatives at J.P. Morgan Asset Management to discuss: ...
Talk Your Book: The State of Venture Capital
21 Oct 2023
Contributed by Lukas
On today's show, Michael and Ben are joined by Samir Kaji, CEO, President, and Co-Founder of Allocate to discuss: what start-up prices look like today...
Does Government Debt Matter? (EP.330)
18 Oct 2023
Contributed by Lukas
On episode 330 of Animal Spirits, Michael Batnick and Ben Carlson discuss: inflation coming down, the continued strength of the US consumer, Howard M...
Talk Your Book: The All-In-One Home Equity Loan
16 Oct 2023
Contributed by Lukas
On today's show, Michael and Ben are joined by Jason Anderson, Regional Vice President of Northpointe Bank NMLS# 243209 to discuss: the All-In-One Lo...
The Worst Bear Market Ever (EP.329)
11 Oct 2023
Contributed by Lukas
On episode 329 of Animal Spirits, Michael Batnick and Ben Carlson discuss: why long-term bond yields are rising, the worst bond market sell-off in his...
Talk Your Book: Investing in Music
09 Oct 2023
Contributed by Lukas
On today's show, Michael and Ben are joined by David Schulhof, Founder and CEO of MUSQ to discuss: what the MUSQ ETF is comprised of, whether or not t...
Yolo Spenders (EP.328)
04 Oct 2023
Contributed by Lukas
On episode 328 of Animal Spirits, Michael Batnick and Ben Carlson discuss: crazy moves in US Treasuries, how prepared the consumer is for a recession,...
Talk Your Book: Compounding Machine
02 Oct 2023
Contributed by Lukas
Description: On today's show, we spoke with Eric Crittenden, CIO of Standpoint Asset Management to discuss: The creation and use of trend following, m...
House Poor (EP.327)
27 Sep 2023
Contributed by Lukas
On today's show we discuss higher for longer, soft landings, why nothing has broken yet in the economy, where the housing bubbles are, why it's harder...
Talk Your Book: Where Leverage Comes From
25 Sep 2023
Contributed by Lukas
On today's show, we are joined by Ed Egilinsky, Managing Director and Head of Alternatives at Direxion to discuss: How leverage is created within leve...
Americans Love Borrowing Money (EP.326)
20 Sep 2023
Contributed by Lukas
On episode 326 of Animal Spirits, Michael Batnick and Ben Carlson discuss: Future Proof, how markets have changed over the past 70 years, why allocati...
Talk Your Book: Customizing Alternatives
18 Sep 2023
Contributed by Lukas
On today's show, we are joined again by Brett Hillard, CIO of GLASfunds to discuss: wealth managers vs. institutions investing in alternatives, how ad...
Is Apple the Next IBM? (EP.325)
13 Sep 2023
Contributed by Lukas
On episode 325 of Animal Spirits, Michael Batnick and Ben Carlson are live at Future Proof! Duncan spills a Miami Vice and we discuss: what we actuall...
Talk Your Book: The Macro Case for Crypto
11 Sep 2023
Contributed by Lukas
On today's show, Michael and Ben are joined by Jack Neureuter, Senior Research Analyst at Fidelity Digital Assets, and Ramine Bigdeliazari, Director o...
Talk Your Book: Need to Have Cars With Car Dealership Guy
09 Sep 2023
Contributed by Lukas
On today's show, Michael and Ben are joined again by CarDealershipGuy to discuss: Ben's car leasing dilemma, leasing vs buying, why car prices have go...
The Market Cap of Taylor Swift (EP.324)
06 Sep 2023
Contributed by Lukas
On episode 324 of Animal Spirits, Michael Batnick and Ben Carlson discuss: one of the best years ever for the Nasdaq 100, people who want to see the f...
Are You on Track For Retirement? (EP.323)
30 Aug 2023
Contributed by Lukas
On episode 323 of Animal Spirits, Michael Batnick and Ben Carlson discuss: the outlook for a 60/40 portfolio, dollar cost averaging into a bear market...
Talk Your Book: J.P. Morgan's Covered Call Strategies
28 Aug 2023
Contributed by Lukas
On today's show, Michael and Ben are joined by Hamilton Reiner, MD, PM, and Head of US Equity Derivatives at J.P. Morgan Asset Management to discuss: ...
Rates to the Hilt (EP.322)
23 Aug 2023
Contributed by Lukas
On episode 322 of Animal Spirits, Michael Batnick and Ben Carlson discuss: if bonds are more attractive than stocks right now, a lost decade for bonds...
Talk Your Book: Customizing Your Assets
21 Aug 2023
Contributed by Lukas
On today's show, Michael and Ben are joined by Matt Radgowski, CEO of Halo Investing to discuss: customizing your assets, utilizing structured notes a...
How Much is Happiness Worth? (EP.321)
16 Aug 2023
Contributed by Lukas
On episode 321 of Animal Spirits, Michael Batnick and Ben Carlson discuss: Ben's trip to NYC, stock market vs. bond market valuations, the 4% inflatio...
Talk Your Book: Large Cap Alpha
14 Aug 2023
Contributed by Lukas
On today's show, Michael and Ben are joined by Francisco Bido, Senior Portfolio Manager for the Integrated Alpha group of F/m Investments to discuss: ...
Do Valuations Matter? (EP.320)
09 Aug 2023
Contributed by Lukas
On episode 320 of Animal Spirits, Michael Batnick and Ben Carlson discuss: bull market corrections, why valuations don't matter all that much, why peo...
Talk Your Book: Compounding with Concentrated Portfolios
07 Aug 2023
Contributed by Lukas
On today's show, Michael and Ben are joined by John Neff, Partner and Portfolio Manager of AKRE Capital Management to discuss: the AI investing craze,...
Everything is Up This Year (EP.319)
02 Aug 2023
Contributed by Lukas
On episode 319 of Animal Spirits, Michael Batnick and Ben Carlson discuss: the biggest behavioral bias in investing, the number of IPOs that survive, ...
Talk Your Book: 100% Downside Protection
31 Jul 2023
Contributed by Lukas
On today's show, Michael and Ben are joined by Bruce Bond, Founder and CEO of Innovator ETFs to discuss: how 100% downside protection works, what upsi...
The Wealth Paradox (EP.318)
26 Jul 2023
Contributed by Lukas
On episode 318 of Animal Spirits, Michael Batnick and Ben Carlson discuss: the 2 types of bear markets, why everyone was wrong but the stock market wa...
Talk Your Book: Future Proof Festival
24 Jul 2023
Contributed by Lukas
On today's show, Michael and Ben are joined by Matt Middleton, CEO and Co-Founder of Advisor Circle to discuss: how Advisor Circle was started, why co...
Recession Not Required (EP.317)
19 Jul 2023
Contributed by Lukas
On episode 317 of Animal Spirits, Michael Batnick and Ben Carlson discuss: the stock market vs. the Fed's balance sheet, why expectations matter more ...
Talk Your Book: The Impact of a Bitcoin ETF
17 Jul 2023
Contributed by Lukas
On today's show, we are joined again by Jack Neureuter, Research Analyst at Fidelity Digital Assets to discuss: knock-on affects of a spot Bitcoin ETF...
Is Twitter Dead? (EP.316)
12 Jul 2023
Contributed by Lukas
On episode 316 of Animal Spirits, Michael Batnick and Ben Carlson discuss: when to get bullish on the long run, how to use sell side stock research, w...
Is the Housing Correction Over? (EP.315)
05 Jul 2023
Contributed by Lukas
On episode 315 of Animal Spirits, Michael Batnick and Ben Carlson discuss the stock market fighting the Fed, the power of index fund flows, the most t...
Talk Your Book: Optimizing Your Credit Card Points
03 Jul 2023
Contributed by Lukas
On today's show, we are joined by Chris Hutchins, Host of All The Hacks Podcast to discuss: credit card point devaluation, the best cards to optimize ...
Why Crypto Needs BlackRock (EP.314)
28 Jun 2023
Contributed by Lukas
On episode 314 of Animal Spirits, Michael Batnick and Ben Carlson discuss why the bond market isn't always the smart money, some more good news on th...
Talk Your Book: Advisor Best Practices
26 Jun 2023
Contributed by Lukas
On today's show, Michael and Ben are joined by Chris Shuba, founder and CEO of Helios to discuss: ETFs vs. direct indexing, why differentiation matter...
Why Housing Prices Are So Expensive (EP.313)
21 Jun 2023
Contributed by Lukas
On episode 313 of Animal Spirits, Michael Batnick and Ben Carlson discuss investor behavior in a bull market, how boomers fell in love with stocks, h...
Talk Your Book: Internet Stocks with Income
19 Jun 2023
Contributed by Lukas
On today's show, Michael and Ben are joined by Jonathan Shelon, COO of KraneShares to discuss internet growth in China, how to get exposure to China, ...
Are Stocks Cheap? (EP.312)
14 Jun 2023
Contributed by Lukas
On today's show Michael and Ben discuss the greatest company in history, why the bear market is over, why this might not be a new bull market, why the...
Talk Your Book: The Electrification of America
12 Jun 2023
Contributed by Lukas
On today's show, Michael and Ben are joined by Timothy Kramer, Founder and CEO of CNIC Funds to discuss investing in electricity, how CNIC Funds work,...
Is the Bear Market Over? (EP.311)
07 Jun 2023
Contributed by Lukas
On today's show Michael and Ben discuss the beginning of a new bull market, increased concentration in the stock market, the worst housing market ever...
Talk Your Book: Investing in Treasuries During a Debt Crisis
05 Jun 2023
Contributed by Lukas
On today's show, we spoke with Alex Morris, Founder and CIO of F/m Investments on how Treasury ETFs work, why the 1mo is yielding so much, how governm...
Something Has to Break (EP.310)
31 May 2023
Contributed by Lukas
On today's show, Michael Batnick and Ben Carlson discuss Ben's guiding philosophy on life and markets, why people buy and sell stocks at the wrong tim...
Talk Your Book: Upside and Downside Customization For Your Portfolio
29 May 2023
Contributed by Lukas
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 ris...
Tech Stocks Are Back (EP.309)
24 May 2023
Contributed by Lukas
On today's show, Michael Batnick and Ben Carlson discuss the now-available Animal Spirits x Tropical Bros shirts, a great year for stocks (so far), Ja...
Talk Your Book: Streamlining Alternative Investments
22 May 2023
Contributed by Lukas
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 diligenc...
Living a Rich Life with Ramit Sethi
20 May 2023
Contributed by Lukas
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 ...
The Only Game in Town (EP.308)
17 May 2023
Contributed by Lukas
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 worke...
Talk Your Book: Fidelity Digital Assets Mailbag
15 May 2023
Contributed by Lukas
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 st...
Business Optimism Crashes (EP.307)
10 May 2023
Contributed by Lukas
On today's show we discuss regional bank failures, confidence in the Fed, international diversification, the V-shaped recovery in the labor market, vi...
Bear Market Lessons (EP.306)
03 May 2023
Contributed by Lukas
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 Republi...
Talk Your Book: CLOs – The Providers of Leverage
01 May 2023
Contributed by Lukas
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 C...
Millennials Will Buy All the Stocks (EP.305)
26 Apr 2023
Contributed by Lukas
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 millen...
Talk Your Book: Diversify Your Diversifiers
24 Apr 2023
Contributed by Lukas
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...
The Crockpot Recession (EP.304)
19 Apr 2023
Contributed by Lukas
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 fi...
Talk Your Book: Hidden Pricing Power
17 Apr 2023
Contributed by Lukas
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 ...
The Year of Disappointment (EP.303)
12 Apr 2023
Contributed by Lukas
On today's show, we discuss corrections during election years, rich boomers, how great AirBNB is, more issues at Twitter, Successions last season, and...
Talk Your Book: Defining the Downside
10 Apr 2023
Contributed by Lukas
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 yie...
The 3 Levels of Wealth (EP.302)
05 Apr 2023
Contributed by Lukas
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 a...
Talk Your Book: No Bank Runs in Commercial Real Estate
03 Apr 2023
Contributed by Lukas
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, offi...