Episodes
Sept. 25, 2024
Are You Middle Class? (EP.379)
On episode 379 of Animal Spirits, Michael Batnick and Ben Carlson discuss: our experience at Future Proof, melt-up possibilities in the stock market, what's left for ETFs, how many people are actually in the middle class, th…
Sept. 24, 2024
Talk Your Book: Opportunities in Commercial Real Estate
On today's show, we are joined by Richard Byrne, President of Benefit Street Partners to discuss the chaos within the commercial office space sector, the opportunity for commercial real estate, what separates one asset manag…
Sept. 18, 2024
The Michael & Ben Origin Story (EP.378)
On episode 378 of Animal Spirits, Michael Batnick and Ben Carlson discuss: how Ben got started in the industry and eventually arrived at Ritholtz Wealth Management, the best movies to watch on an airplane, and more! This epi…
Sept. 16, 2024
Talk Your Book: Investing in Free Cash Flow
On today's show, we spoke with Michael Mack, Associate Portfolio Manager for Victory Capital to discuss how to calculate free cash flow, if the Mag 7 would have shown up on a free cash flow screen, avoiding value traps, sect…
Sept. 11, 2024
When Your Friends Are Richer Than You (EP.377)
On episode 377 of Animal Spirits, Michael Batnick and Ben Carlson discuss: a bad week for the stock market, why foreign stocks are so cheap, the state of America's wallet, the coming HELOC boom, the finances of Only Fans, ho…
Sept. 9, 2024
Talk Your Book: Dividend Stocks are Cheap
On today's show, we spoke with Jennifer Chang, Portfolio Manager and Executive Director for Schafer Cullen to discuss utilizing active management within dividend strategies, how dividend stocks are affected by rising rates, …
Sept. 4, 2024
Founder Mode (EP.376)
On episode 376 of Animal Spirits, Michael Batnick and Ben Carlson discuss: Josh Brown's new book, an excellent year for investors, how bullish investors are, a new record high in 401k millionaires, efficient markets, the nos…
Sept. 2, 2024
Talk Your Book: Balancing Risk and Yield
On today's show, we are joined by Priya Misra, Portfolio Manager for the JPMorgan Core Plus Bond ETF to discuss why private credit has gotten so popular, where corporate bond spreads are today, high quality companies within …
Aug. 28, 2024
What is Wealth?
On episode 375 of Animal Spirits, Michael Batnick and Ben Carlson discuss: Jerome Powell's speech at Jackson Hole, Nvidia millionaires, financial voices you can safely ignore, housing affordability, what it takes to be consi…
Aug. 26, 2024
Talk Your Book: Finding Small Cap Diamonds in the Rough
On today's show, we spoke with Brandon Nelson, Senior Portfolio Manager for Calamos to discuss Calamos' favorite small cap sectors, why small caps have flown under the radar, understanding the relationship between momentum a…
Aug. 24, 2024
Talk Your Book: Alt Goes Mainstream with Michael Sidgmore
On today's show, we are joined by Michael Sidgmore, Partner and Co-Founder of Broadhaven Ventures to discuss all things Alternatives, how that world has changed in recent years, why financial advisors in the RIA channel is s…
Aug. 21, 2024
Inflation or Price Gouging? (EP.374)
On episode 374 of Animal Spirits, Michael Batnick and Ben Carlson discuss: what an average year in the stock market looks like, Seinfeld on consumers, why inflation is such a tricky concept, millennials are richer than you t…
Aug. 19, 2024
Talk Your Book: Quality Growth Investing
On today's show, we are joined by Kevin Walkush, Portfolio Manager at Jensen Investment Management to discuss what quality means to Jensen, why META was removed from the portfolio, thoughts on AI and tech bubbles, the most e…
Aug. 14, 2024
Boomers vs. Millennials (EP.373)
On episode 373 of Animal Spirits, Michael Batnick and Ben Carlson discuss: a history of stock market flash crashes, the end of the travel boom, why the economy is finally softening, how to predict a recession, how many house…
Aug. 12, 2024
Talk Your Book: Back to the Futures Market
On today's show, we are joined by Jerry Prior III, COO & Senior Portfolio Manager of Mount Lucas Management to discuss what managed futures are, how portfolios can benefit from them, how managed futures are handling the Japa…
Aug. 7, 2024
Flash Crash or Recession? (AS.372)
On episode 372 of Animal Spirits, Michael Batnick and Ben Carlson discuss: market mayhem, Japan's 1987 crash moment, Jerome Powell's legacy game at Jackson Hole, recession worries, the worst asset class for the next decade, …
Aug. 5, 2024
Talk Your Book: The Housing Market with Mike Simonsen
On today's Talk Your Book, we are joined by Mike Simonsen , Founder and President of real estate analytics firm Altos Research to discuss how easy to access real estate data has affected buyers, the effects rates have on buy…
July 31, 2024
How to Pick the Winners (EP.371)
On episode 371 of Animal Spirits, Michael Batnick and Ben Carlson discuss: how small cap stocks got so cheap, how to improve your chances of outperforming the market, why investors are rushing into bonds, Americans make more…
July 29, 2024
Talk Your Book: Investing in BlackRock's Mega Forces
On today's show, we are joined by Jay Jacobs, U.S. Head of Thematic and Active ETFs to discuss BlackRock's favorite Mega Force themes to invest in, investing in the reshoring theme, IBIT trading volume, the Ethereum ETF laun…
July 27, 2024
Talk Your Book: Investing in Corporate Culture
On today's show, Michael Batnick and Ben Carlson are joined by Kristof Gleich of Harbor Capital and Scott Colson of Irrational Capital to discuss how the Human Capital Factor was discovered, what is being measured to quantif…
July 24, 2024
Living the Dream (AS.370)
On episode 370 of Animal Spirits, Michael Batnick and Ben Carlson discuss: why the stock market doesn't care who the president is, the U.S. stock market is having a boring year, the biggest winners in stock market history, t…
July 20, 2024
Talk Your Book: Future Proof 2024
On today's show, we spoke with Matt Middleton, Founder and CEO of Future Proof to discuss changes and updates to Future Proof 2024, breakthru meetings and experiences, the updated fintech demo alley, who should attend Future…
July 17, 2024
Fast Food Inflation (AS.369)
On episode 369 of Animal Spirits, Michael Batnick and Ben Carlson discuss: the two types of Fed rate cuts, a positive outcome from high inflation, the stock market was right again, the number of millionaires worldwide, Wings…
July 15, 2024
Talk Your Book: Trend Following with Eric Crittenden
On today's show, Ben Carlson and Michael Batnick spoke with Eric Crittenden, CIO of Standpoint Asset Management to discuss adjusting for bias within data analysis, defining holding periods for trend following strategies, mul…