Episodes
Dec. 10, 2025
Netflix vs. Paramount (EP. 442)
On episode 442 of Animal Spirits, Michael Batnick and Ben Carlson discuss huge losses in the Nasdaq 100, 2026 outlooks, OpenAI, 401k millionaires...
Dec. 8, 2025
Talk Your Book: Investing in Real Estate Credit
On this episode of Animal Spirits: Talk Your Book, Michael Batnick and Ben Carlson are joined by Charlie ...
Dec. 3, 2025
The Age of Discontentment (EP. 441)
On episode 441 of Animal Spirits, Michael Batnick and Ben Carlson discuss why boring plain vanilla portfolios are hard to beat, predicting the 2026 s...
Dec. 1, 2025
Talk Your Book: The Psychology of Income
On this episode of Animal Spirits: Talk Your Book, Michael Batnick and Ben Carlson are joined by Troy Cates, ...
Nov. 29, 2025
Talk Your Book: The State of the Housing Market
On this episode of Animal Spirits: Talk Your Book, Michael Batnick and Ben Carlson are joined by Logan Mo...
Nov. 26, 2025
Wait, Are We in a Recession??? (EP. 440)
On episode 440 of Animal Spirits, Michael Batnick and Ben Carlson discuss stocks moving on no news, reasons today's market is not like the 90s, the ...
Nov. 24, 2025
Talk Your Book: Staking Your Crypto For Yield
On this episode of Animal Spirits: Talk Your Book, Michael Batnick and Ben Carlson are joined by Krista Lynch, Se...
Nov. 19, 2025
Is the AI Trade Over? (EP. 439)
On episode 439 of Animal Spirits, Michael Batnick and Ben Carlson discuss: the Degen Dow pain trade, the lack of euphoria, AI skepticism, long bear m...
Nov. 17, 2025
Talk Your Book: Will The Bubble Get Bigger?
On this episode of Animal Spirits: Talk Your Book, Michael Batnick and Ben Carlson are joined by Michael Arone, C...
Nov. 15, 2025
Animal Spirits Take Las Vegas
On this episode of Animal Spirits, Michael Batnick and Ben Carlson keynote the financial planning association...
Nov. 12, 2025
Is a 50 Year Mortgage a Good Idea? (EP. 438)
On episode 438 of Animal Spirits, Michael Batnick and Ben Carlson discuss the problem with the K-shaped economy narrative, are young people screwed, the...
Nov. 10, 2025
Talk Your Book: Public & Private Opportunities in AI
On this episode of Animal Spirits: Talk Your Book, Michael Batnick and Ben Carlson are joined by Jonathan Shelon, Chi...
Nov. 8, 2025
Talk Your Book: The Two Biggest Stories of the Year: AI & Tariffs
On this episode of Animal Spirits: Talk Your Book, Michael Batnick and Ben Carlson are joined by Ara Kharazian, Economist...
Nov. 5, 2025
Never Go All in on Stocks (EP. 437)
On episode 437 of Animal Spirits, Michael Batnick and Ben Carlson discuss bad breadth, a historical melt-up in tech stocks, the case against an AI bubble, s...
Nov. 3, 2025
Talk Your Book: Emerging Markets Are Back
On this episode of Animal Spirits: Talk Your Book, Michael Batnick and Ben Carlson are joined by Rahul Sharma, Portfolio ...
Nov. 1, 2025
Talk Your Book: Money and Marriage
On this episode of Animal Spirits: Talk Your Book, Michael Batnick and Ben Carlson are joined by Doug and Heather Bonepar...
Oct. 29, 2025
Never Pay Off Your Mortgage (EP. 436)
On episode 436 of Animal Spirits, Michael Batnick and Ben Carlson discuss how behavior drives bull markets, how many companies outperform the S&P 500, bubble pre...
Oct. 27, 2025
Talk Your Book: JP Morgan's Long-Term Capital Market Assumptions
On this episode of Animal Spirits: Talk Your Book, Michael Batnick and Ben Carlson are joined by Gabby Santos, Chief Market S...
Oct. 23, 2025
Talk Your Book: How to Spend With Morgan Housel
On this episode of Animal Spirits: Talk Your Book, Michael Batnick and Ben Carlson are joined by Morgan Housel, author of “ The A...
Oct. 22, 2025
The Zero Dollar Club (EP. 435)
On episode 435 of Animal Spirits, Michael Batnick and Ben Carlson discuss AI bubble indicators, what Jesse Livermore would think about this market, the pros and...
Oct. 20, 2025
Talk Your Book: Value + Momentum: The Best of Both Factors
On this episode of Animal Spirits: Talk Your Book, Michael Batnick and Ben Carlson are joined by Lance Humphrey, head of portfolio ma...
Oct. 18, 2025
Talk Your Book: Investing in Start-Up Equity
On this episode of Animal Spirits: Talk Your Book, Michael Batnick and Ben Carlson are joined by Dave Thornton from Vested to discuss: ab...
Oct. 15, 2025
Did the Market Just Top? (EP. 434)
On episode 434 of Animal Spirits, Michael Batnick and Ben Carlson discuss why it's so difficult to call the top, why earnings matter so much, we were due for a c...
Oct. 13, 2025
Talk Your Book: How Infrastructure Funds Work
On this episode of Animal Spirits: Talk Your Book, Michael Batnick and Ben Carlson are joined by Scott Litman, Managing Director and Port...