Animal Spirits Podcast
Episodes
Talk Your Book: Expanding Access to Private Markets
27 Jun 2022
Contributed by Lukas
On today's Talk Your Book, we spoke with Bob Long of Conversus about giving financial advisors access to investments in private markets. Find com...
Peak Pessimism (EP.262)
22 Jun 2022
Contributed by Lukas
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 s...
The Fed is Being Punished (EP.261)
15 Jun 2022
Contributed by Lukas
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...
Talk Your Book: High Quality Growth Stocks
13 Jun 2022
Contributed by Lukas
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...
Good News is Bad News (EP.260)
08 Jun 2022
Contributed by Lukas
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 ...
Talk Your Book: Hedging the Different Types of Inflation
06 Jun 2022
Contributed by Lukas
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...
The Round Trip (EP.259)
01 Jun 2022
Contributed by Lukas
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 m...
The most obvious recession ever (EP.258)
25 May 2022
Contributed by Lukas
On today's show we discuss, the big housing miss, inventory build-ups, private market slowdown, and much more. Find complete shownotes on our blogs...
Animal Spirits: Listener Mailbag
23 May 2022
Contributed by Lukas
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 Yosh...
Obvious Signs of the Top (EP.257)
18 May 2022
Contributed by Lukas
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 ma...
Talk Your Book: Investing in the Carbon Transformation
16 May 2022
Contributed by Lukas
On today's Talk Your Book, we spoke with Roger Mortimer from KraneShares about the coming global transformation in carbon investing. Find complet...
Talk Your Book: Locking in Higher Yields on Your Portfolio
14 May 2022
Contributed by Lukas
On today's Talk Your Book, we spoke with Jason Barsema from Halo Investing about structured products and defined outcome investing. Find complete...
The End of V-Shaped Recoveries (EP.256)
11 May 2022
Contributed by Lukas
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...
Is this a bear market? (EP.255)
04 May 2022
Contributed by Lukas
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 stoc...
Talk Your Book: Rethinking the 4% Rule
02 May 2022
Contributed by Lukas
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...
Elon Buys Twitter (EP.254)
27 Apr 2022
Contributed by Lukas
On today's show we discuss what Elon Musk can do with Twitter, bonds & stocks falling together, growth stocks keep getting killed, inflation vs. mortg...
Talk Your Book: Investing in Human Capital
25 Apr 2022
Contributed by Lukas
On today's Talk Your Book we talk with Dan Ariely and Kristof Gleich about investing in human capital and corporate culture. Find complete showno...
A Recession is Coming (EP.253)
20 Apr 2022
Contributed by Lukas
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 be...
The Fed is Making a Mistake (EP.252)
13 Apr 2022
Contributed by Lukas
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 incom...
Talk Your Book: The Financial Advisor's Cheat Code
11 Apr 2022
Contributed by Lukas
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...
Long Global, Short USA (EP.251)
06 Apr 2022
Contributed by Lukas
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 Anim...
Talk Your Book: Investing in mRNA
04 Apr 2022
Contributed by Lukas
On today's Talk Your Book, we talked with Dave Mazza from Direxion about investing in mRNA technology. Find complete shownotes on our blogs... ...
Tighten Until Something Breaks (EP.250)
30 Mar 2022
Contributed by Lukas
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 buil...
Talk Your Book: Protecting the Downside
28 Mar 2022
Contributed by Lukas
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 protec...
NFTs
26 Mar 2022
Contributed by Lukas
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...
Can the Markets Cause a Recession (EP.249)
23 Mar 2022
Contributed by Lukas
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 ...
Listener Mailbag
21 Mar 2022
Contributed by Lukas
On today's show we clean out the inbox to answer questions from the listeners about Roth IRAs, producing content, international diversification, asset...
Is a Recession Bullish For Tech Stocks? (EP.248)
16 Mar 2022
Contributed by Lukas
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 a...
Talk Your Book: How Advisors Can Manage 401k Accounts
14 Mar 2022
Contributed by Lukas
On today's Talk Your Book we spoke with Dave Goldman from Pontera about helping advisors manage held away accounts for clients. Find complete showno...
Talk Your Book: The Craziest Commodities Market Ever
12 Mar 2022
Contributed by Lukas
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 mark...
More Sellers Than Buyers (EP.247)
09 Mar 2022
Contributed by Lukas
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 s...
The Financial Rails of the Future
05 Mar 2022
Contributed by Lukas
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. Fin...
A Moral Margin Call (EP.246)
02 Mar 2022
Contributed by Lukas
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 pote...
The Craziest Housing Market Ever (EP.245)
23 Feb 2022
Contributed by Lukas
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 a...
Talk Your Book: Managing Risk Like an Actuary
21 Feb 2022
Contributed by Lukas
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. Find ...
Starting a Crypto Hedge Fund
19 Feb 2022
Contributed by Lukas
On today's show we spoke with Leigh Drogen from Starkiller Capital about starting a crypto hedge fund. Find complete shownotes on our blogs... Ben...
Boomflation or a Recession? (EP.244)
16 Feb 2022
Contributed by Lukas
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 Disn...
Inflation at Disney World (EP.243)
09 Feb 2022
Contributed by Lukas
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 mo...
Talk Your Book: Disruption as an Asset Class
07 Feb 2022
Contributed by Lukas
On today's Talk Your Book, we spoke with Kristof Gleich and Spenser Lerner from Harbor Capital about owning and managing portfolios with innovation st...
Stocks Work Best at Night (EP.242)
02 Feb 2022
Contributed by Lukas
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 inver...
Listener Mailbag
31 Jan 2022
Contributed by Lukas
On today's episode we answer questions from the listeners with a little help from Rocket Dollar CEO Henry Yoshida. Find complete shownotes on our...
A Lightning Fast Correction (EP.241)
26 Jan 2022
Contributed by Lukas
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, parallel...
25 Million New Brokerage Accounts (EP.240)
19 Jan 2022
Contributed by Lukas
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 h...
Talk Your Book: Investing in Sustainability
17 Jan 2022
Contributed by Lukas
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. ...
Is the Fed Trapped? (EP.239)
12 Jan 2022
Contributed by Lukas
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 ste...
Talk Your Book: Options Are Eating the Stock Market
10 Jan 2022
Contributed by Lukas
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...
Why The Bull Market Could Last a Lot Longer (EP.238)
05 Jan 2022
Contributed by Lukas
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 th...
Howard Lindzon Unplugged
01 Jan 2022
Contributed by Lukas
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...
When to Sell a Growth Stock (EP.237)
29 Dec 2021
Contributed by Lukas
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, We...
Listener Mailbag
27 Dec 2021
Contributed by Lukas
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 finan...
An Extraordinary Decade (EP.236)
22 Dec 2021
Contributed by Lukas
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...
Talk Your Book: Massive ETF Inflows
20 Dec 2021
Contributed by Lukas
On today's show we spoke with Matt Bartolini from State Street Global Advisors about ETFs, inflation and their 2022 outlook. Find complete shownotes ...
Person of the Year (EP.235)
15 Dec 2021
Contributed by Lukas
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...
Talk Your Book: Investing in Carbon Allowances
13 Dec 2021
Contributed by Lukas
On today's Talk Your Book, we spoke with Luke Oliver from Kraneshares about the huge potential in carbon allowances. Find complete shownotes on our b...
The Most Crowded Stocks (EP.234)
08 Dec 2021
Contributed by Lukas
On this week's show we discuss the growth stock crash, the third web, and wonder if Paul Thomas Anderson is overrated. Find complete shownotes on ou...
Talk Your Book: Down with Title Insurance
04 Dec 2021
Contributed by Lukas
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 ...
Housing Prices Are Still Too Low (EP.233)
01 Dec 2021
Contributed by Lukas
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 m...
The High Beta Crash (EP.232)
24 Nov 2021
Contributed by Lukas
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 o...
Talk Your Book: Where to Save For Your Down Payment
22 Nov 2021
Contributed by Lukas
On today's Talk Your Book we spoke with Taylor and Brett Sohns from Lifegoal Investments about their Home Down Payment ETF. Find complete shownotes o...
Everyone Hates Inflation (EP.231)
17 Nov 2021
Contributed by Lukas
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...
Great Quartr Guys (EP.230)
10 Nov 2021
Contributed by Lukas
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 r...
Talk Your Book: Why Annuities Have Higher Yields Than Bonds
08 Nov 2021
Contributed by Lukas
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 inter...
There's No Crying in Crypto (EP.229)
03 Nov 2021
Contributed by Lukas
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 ...
Talk Your Book: Real World Betting Markets
01 Nov 2021
Contributed by Lukas
We spoke with Kalshi founder Tarek Mansour about betting on the outcomes of real-world events. Find complete shownotes on our blogs... Ben Carlson’...
Hyperinflation, It's Happening (EP.228)
27 Oct 2021
Contributed by Lukas
On today's Animal Spirits we discuss worrying too much about the markets, Tesla's impressive performance, inequality in the stock market, trying to ex...
Talk Your Book: How to Use Thematic ETFs
25 Oct 2021
Contributed by Lukas
On this edition of Talk Your Book we spoke with Dave Mazza from Direxion about investing in WFH stocks, moonshots and the hydrogen economy. Find comp...
It Wasn't Transitory (EP.227)
20 Oct 2021
Contributed by Lukas
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 peo...
Talk Your Book: Finding Growth Stocks Around the Globe
18 Oct 2021
Contributed by Lukas
On today's Talk Your Book we spoke with Rob Forker of Polen Capital about investing in international small cap growth companies. Find complete showno...
The 24/7 Stock Market (EP.226)
13 Oct 2021
Contributed by Lukas
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 To...
Unaffordable Housing (EP.225)
06 Oct 2021
Contributed by Lukas
On this week's show we discuss supply chain problems, buying Christmas presents early, why progress requires inflation, investors have been spoiled, h...
Listener Mailbag
04 Oct 2021
Contributed by Lukas
On today's show we answer listener questions about inflation, commodities, refinancing, investing in gold, how to network when finding a job and much ...
Richer Than Ever (EP.224)
29 Sep 2021
Contributed by Lukas
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, ...
Talk Your Book: Accelerating Your Returns
27 Sep 2021
Contributed by Lukas
On today's Talk Your Book we spoke once again with Bruce Bond of Innovator ETFs about defined outcome investing. Find complete shownotes on our blogs...
Probably Not The Next Lehman (EP.223)
22 Sep 2021
Contributed by Lukas
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, Americ...
Talk Your Book: The Fabric of Risk
20 Sep 2021
Contributed by Lukas
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 the...
The Crypto Gateway Drug (EP.222)
15 Sep 2021
Contributed by Lukas
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 s...
Talk Your Book: An Alternative to Low Bond Yields
13 Sep 2021
Contributed by Lukas
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 intere...
Interest Rates Are Never Going Up Again (EP.221)
08 Sep 2021
Contributed by Lukas
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, w...
Talk Your Book: Insourced CIO
06 Sep 2021
Contributed by Lukas
On today's Talk Your Book we spoke with Helios CEO Chris Shuba about estate planning and investment services for financial advisors. Find complete sh...
The Big Long (EP.220)
01 Sep 2021
Contributed by Lukas
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 mo...
Listener Mailbag
30 Aug 2021
Contributed by Lukas
On today's episode, the guys are back with another episode of listener questions. Find complete shownotes on our blogs... Ben Carlson’s A Wealth ...
How to Crush a Job Interview (EP.219)
25 Aug 2021
Contributed by Lukas
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...
Talk Your Book: Bring Your Own Deal
23 Aug 2021
Contributed by Lukas
On today's Talk Your Book we spoke with Rocket Dollar CEO Henry about self-directed IRAs. Find complete shownotes on our blogs... Ben Carlson’s...
Ben Turns 40 (EP.218)
18 Aug 2021
Contributed by Lukas
On this week's show we discuss direct-listed IPO performance, the scorching hot NFT market, Ben's milestone birthday, transitory inflation signals, sh...
Did Bitcoin Kill Gold? (EP.217)
11 Aug 2021
Contributed by Lukas
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,...
Talk Your Book: Investing in Dual Impact ETFs
09 Aug 2021
Contributed by Lukas
On today's Talk Your Book we spoke with Wendy Wong of New York Life Investments about investing to fight heart disease. Find complete shownotes on ou...
Emergency Pod: We Were Both Wrong About Robinhood
05 Aug 2021
Contributed by Lukas
On Wednesday, we held a Twitter Spaces to discuss the Robinhood IPO and the fact that Ben sold his shares last week. Find complete shownotes on our...
The Best Way to Get a Raise (EP.216)
04 Aug 2021
Contributed by Lukas
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 Robinho...
We Love to Spend Money (EP.215)
28 Jul 2021
Contributed by Lukas
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 wi...
Prices Only Go Up (EP.214)
21 Jul 2021
Contributed by Lukas
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 rai...
Talk Your Book: Invest by Avoiding the Losers
19 Jul 2021
Contributed by Lukas
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...
High School Reunion (EP.213)
14 Jul 2021
Contributed by Lukas
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 pric...
Talk Your Book: Quality Growth
12 Jul 2021
Contributed by Lukas
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 reaso...
$35 Trillion Giveaway (EP.212)
07 Jul 2021
Contributed by Lukas
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 d...
The Wealthiest Generation (EP.211)
30 Jun 2021
Contributed by Lukas
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 conu...
Talk Your Book: Anti-Carry
25 Jun 2021
Contributed by Lukas
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. Find complete s...
Lifestyle Creep (EP.210)
23 Jun 2021
Contributed by Lukas
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 t...
Fed Apologists (EP.209)
16 Jun 2021
Contributed by Lukas
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 mark...
Talk Your Book: The State of the Housing Market
11 Jun 2021
Contributed by Lukas
On today's show the guys talk with Logan Mohtashami, lead analyst at Housing Wire. Find complete shownotes on our blogs... Ben Carlson’s A Wea...
Permanent Stimulus (EP.208)
09 Jun 2021
Contributed by Lukas
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 bu...