On today's show, Michael Batnick and Ben Carlson discuss the greatest company in history, why the bear market is over, why this might not be a new bull market, why the economy keeps humming along, what falling inflation means for the markets, why martinis are overrated, how much you should pay for a kids meal at a restaurant, and more!
📈 This episode is sponsored by our friends at YCharts. Get 20% off your first subscription at: https://go.ycharts.com/animal-spirits-referral.
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► 00:00 - Birddogs Ad Read
► 01:25 - This Guy Gets It
► 03:59 - The Year So Far (Not a Recession)
► 08:54 - Being Right vs Making Money
► 10:05 - Big Tech
► 13:01 - The Most Successful Company in History
► 14:32 - % From Highs
► 17:44 - Earnings Multiples
► 20:12 - Druckenmiller
► 21:33 - Longest Bear Market Since the 1940s
► 28:11 - Inflation
► 30:53 - How Much Should a Kids Meal Cost?
► 32:42 - Recession Survey
► 36:50 - The American Dream
► 38:10 - Labor Market
► 42:50 - Will Bitcoin and Ethereum Be the Last Cryptos Standing?
► 45:12 - Will AI Save the World?
► 51:40 - Housing and Real Estate
► 57:33 - Netflix
► 59:30 - Recommendations
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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.
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