The S&P 500 came into October this year up double digits. It has done so on 42 occasions since 1926. That’s almost 50% of the time. Of those 42 times, in 35 cases the market went up through the end of the year. That’s an 85% success rate, about as…
When investors here the term "recession", one of the first things they think about is what the impact on their own personal portfolios might be. If they've lived through a few recessions, they often flash to painful personal events and memories, like a plunge in the value of their 401(k)…
In this excerpt from episode 109 of Animal Spirits, Michael and Ben discuss Bob Iger's decision to lead Disney into the streaming wars. Check out the full episode (link below) to hear their thoughts on the never-ending death of the 60/40 portfolio, why it feels logical and irrational to invest…
Welcome to the latest edition of What Are Your Thoughts - Michael Batnick and Downtown Josh Brown break down the biggest topics of the moment. On this episode: * Private markets used to be thought of as "the smart money" while public markets were for retail shleps - but this…
Highlights from episode 108 of Animal Spirits. Check out the full episode (link below) to hear Michael Batnick and Ben Carlson discuss the streaming wars, recession-proof businesses, the China-NBA clash, the power of Twitter, underwear economic indicators, credit vs. interest rates, the winner of the no-fee ETF war, Robinhood's foray…
From natural resources and hedge funds, to private equity, Barry Ritholtz and Michael Batnick discuss Ivy League endowments and why their returns continue to underwhelm. Be sure to subscribe to our channel so you never miss an update: https://www.youtube.com/thecompoundrwm?sub_confirmation=1 New to investing? Check out Liftoff: http://liftoffinvest.com Follow us on Twitter:…
Dave Nadig, managing director of ETF.com, stops by The Compound to discuss how fee-free trading is changing the investment landscape with Ritholtz Wealth Management Chairman and CIO, Barry Ritholtz. Be sure to subscribe to our channel so you never miss an update: https://www.youtube.com/thecompoundrwm?sub_confirmation=1 New to investing? Check out Liftoff: http://liftoffinvest.com…
Highlights from Episode 106 of Animal Spirits. Check out the full episode (link below) to hear Michael and Ben discuss how private equity came out so well from the financial crisis, what's changed in the private tech markets, algos controlling trading, how much allowance to give your kids, why anecdotes…
Welcome to the latest edition of What Are Your Thoughts - Michael Batnick and Downtown Josh Brown break down the biggest topics of the moment. On this episode: * Get your story straight - are there too many IPOs coming out this year or not enough? 2019 is on pace…
Campbell Harvey is a Professor at Duke University and a partner at Research Affiliates. He sat down with Michael Batnick and Josh Brown of Ritholtz Wealth Management to discuss the meaning of the yield curve indicator, which he discovered in 1986 while working on a dissertation. Campbell cites the fact…
Josh here - I helped Investopedia celebrate its 20th birthday and had a chat with advisor Doug Boneparth and Caleb Silver, who runs the website. For two decades, investors and traders have been searching for terms, definitions and understanding as they seek to better themselves and advance their careers. In…
Highlights from Episode 105 of Animal Spirits. Check out the full episode (link below) to hear Michael and Ben discuss momentum crashes, free trading for all, public vs. private markets, IPO performance, Goldman's foray into banking for the masses, healthcare inflation, rich people giving money to Ivy League schools, Shawshank…
Josh here - Charles Schwab announced that starting October 7th all commissions on stocks, ETFs and options would go down to zero. The march toward commission-free trading has been happening in slow motion for decades, ever since the 1970's. My take on it is this - it's terrific news for…
Patrick Keane, CEO of The Action Network, joins Josh Brown and Michael Batnick at The Compound to discuss the future of sports betting and how it compares to trading. Be sure to subscribe to our channel so you never miss an update: https://www.youtube.com/thecompoundrwm?sub_confirmation=1 New to investing? Check out Liftoff: http://liftoffinvest.com…
House Majority Leader Nancy Pelosi announced the beginning of formal impeachment proceedings of President Trump. As investors, it's important to remember that we don't have a lot of history to go by in terms of what impeachment might mean for the stock market and the economy. But there are some…
Highlights from episode 104 of Animal Spirits with Ben Carlson and Michael Batnick. You can get a new episode of the Animal Spirits podcast every Wednesday right here or wherever fine podcasts are streamed: https://podcasts.apple.com/us/podcast/animal-spirits-podcast/id1310192007 Be sure to subscribe to The Compound channel so you never miss an update: https://www.youtube.com/thecompoundrwm?sub_confirmation=1…
Josh Brown and Nick Maggiulli, of Ritholtz Wealth Management, discuss data on investing a lump sum vs dollar-cost averaging, and the results might surprise you. Check out Nick's full article "The Cost of Waiting" here: https://ofdollarsanddata.com/the-cost-of-waiting/ Be sure to subscribe to our channel so you never miss an update: https://www.youtube.com/thecompoundrwm?sub_confirmation=1…
Highlights from the latest episode of Animal Spirits with Ben Carlson and Michael Batnick. You can get a new episode of the Animal Spirits podcast every Wednesday right here or wherever fine podcasts are streamed: https://podcasts.apple.com/us/podcast/animal-spirits-podcast/id1310192007 Be sure to subscribe to The Compound channel so you never miss an update:…
On a new edition of What Are Your Thoughts?, Michael Batnick and Josh Brown discuss: * The Repo Rate mini-panic * Are we ready for the Daniel Jones Era? * Does it really take $350,000 a year to live in cities? * Standup comics up in arms over political correctness…
Ben Carlson and Michael Batnick recorded this week's Animal Spirits podcast live from the Wealth/Stack conference in Scottsdale, Arizona. There was an on-premises podcast studio set up precisely for this purpose, and lots of financial advisors, fintech founders and asset management executives made good use of it. In this video,…
Josh here - it was my honor and pleasure to interview Joe Duran, founder of United Capital, on stage earlier this week at the inaugural Wealth/Stack Conference in Scottsdale, Arizona. Joe made headlines earlier this year when he sold the firm to Goldman Sachs - a deal that was the…
Ritholtz Wealth Management CEO, Josh Brown, welcomes attendees to the inaugural Wealth/Stack conference in Scottsdale, Arizona. _________________________ Be sure to subscribe to our channel so you never miss an update: https://www.youtube.com/thecompoundrwm?sub_confirmation=1 Follow us on Twitter: https://twitter.com/RitholtzWealth Follow us on Facebook: https://www.facebook.com/ritholtzwealth/ Talk to us about your portfolio or financial plan…
Josh here - Our friend Jamie Catherwood of O'Shaughnessy Asset Management came by The Compound to speak with Michael and I about the ancient relationship between financial advisors and FinTech. Advisors have been operating for thousands of years - Jamie unearthed some cuneiform tablets depicting the first attempt at modeling…
Josh Brown and Michael Batnick play their favorite game, What Are Your Thoughts - and you can play along with us in the comments below! What are your thoughts on: * Are negative interest rates inevitable? If so, what do you do about it? * This is the first year…