Episodes

June 23, 2021

Lifestyle Creep (EP.210)

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 to buy a house, managing the economic boom and much more. Find complete shownotes on our...

June 16, 2021

Fed Apologists (EP.209)

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 market, why more young people may prefer to rent going forward, where have all the movie stars gone...

June 11, 2021

Talk Your Book: The State of the Housing Market

On 's show the guys talk with Logan Mohtashami, lead analyst at Housing Wire. Find complete shownotes on our blogs... Ben Carlson’s Michael Batnick’s Like us on And feel free to shoot us an email at with any feedback,...

June 9, 2021

Permanent Stimulus (EP.208)

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 building a new home, meme stocks, the impact of stimulus checks, how to spend your money wisely and...

June 4, 2021

Talk Your Book: The Commodity Supercycle

On today's Talk Your Book we spoke with Direxion's Ed Egilinsky about the potential for a commodities supercycle and why it makes sense to be tactical when it comes to commodities exposure. Find complete shownotes on our blogs... Ben...

June 2, 2021

And Then I Got Scammed (EP.207)

Description: On this week's show we discuss the king of SPACs, how the internet broke people's brains, Guy Fieri, the promise of crypto, the history of money market funds, how the rent vs. buy dynamic has changed in a hot housing market,...

May 28, 2021

Listener Mailbag (EP.206)

On today's show we answer listener questions on real estate, asset allocation, where to save retirement money, dealing with big gains in individual stocks and much more. Find complete shownotes on our blogs... Ben Carlson’s Michael...

May 26, 2021

The Worst Time To Buy a Home (EP.205)

On 's show we discuss Tesla vs. Ford, the Robinhood effect, why markets make volatility worse, trying to explain what DeFi is, the Frankenstein economy, why this is the worst time ever to be a home buyer, the greatest of Joe Pesci and...

May 19, 2021

A Shortage of Everything (EP.204)

On 's show we discuss Elon Musk's crypto tweets, why bitcoin is falling, some context behind the inflation numbers, the weirdest economy ever, why used car prices spiked, what happened to comedies and much more. Find complete shownotes on...

May 14, 2021

Growth at a Reasonable Price

On 's show, the guys talk with Clay Gardner of Titan, an actively managed investment solution that is trying to disrupt mutual funds. Find complete shownotes on our blogs... Ben Carlson’s Michael Batnick’s Like us on And feel free...

May 12, 2021

Bubbles Are Forever (EP.203)

On this week's show we discuss the huge miss in the job's report, why stock market valuations are so hard to use today, why we need to build more houses, the insane spike in lumber prices, the downfall of growth stocks, the most intimidating movie...

May 5, 2021

We Should Be in a Bubble (EP.202)

On this week's show we discuss the roommate theory, Bill Murray, the massive scale of the 5 big tech stocks, rational vs. irrational bubbles, pros and cons of Robinhood, crypto going off and much more. Find complete shownotes on our blogs... Ben...

April 28, 2021

The YOLO Economy (EP.201)

On this week's show we discuss the crypto crash, setting return expectations, make life changes because of the pandemic, cynical thinking because of the internet, taxes vs. the stock market and more. Find complete shownotes on our blogs... Ben...

April 21, 2021

The Dumbest Week Ever (EP.200)

On this week's show we talk about dogecoin, the crypto crash, money-losing companies, buyers of second homes, why 2008 broke so many brains, a shortage of homeowners, a new idea for Airbnb and more. Find complete shownotes on our blogs... Ben...

April 14, 2021

A Shortage of Workers (EP.199)

On today's show we discuss housing bubble talk, huge fund inflows into stocks, gains for the bottom 50%, shortages, inflation and investing in collectibles. Find complete shownotes on our blogs... Ben Carlson’s Michael Batnick’s Like us...

April 9, 2021

Listener Mailbag

On today's Animal Spirits, Michael and Ben answer listener questions. Everything from personal finance to real estate to investments, and everything in-between. Keep the emails coming! Find complete shownotes on our blogs... Ben Carlson’s Michael...

April 7, 2021

Housing Bubble 2.0?

On today's show we discuss the rise in Gen Z traders, how retail investors are impacting the market, the 4 types of Robinhood traders, the dependability of market cycles, going from being a saver to being a spender and more. Find complete...

March 31, 2021

The Active Management Resurgence (EP.197)

On today's show we discuss the most bullish thing about the stock market right now, the catalyst for value beating growth, when the smart money is really dumb, the relationship between inflation and wealth inequality, the best time ever to found a...

March 26, 2021

Talk Your Book: Investing in the Gig Economy

On today's Talk Your Book we speak with David Dziekanski, portfolio manager for the SoFi Gig Economy ETF. Find complete shownotes on our blogs... Ben Carlson’s Michael Batnick’s Like us on And feel free to shoot us an email at with any...

March 24, 2021

An Affordability Crisis (EP.196)

On today's show we discuss rising real estate prices, how the work from home trend could impact housing, working at Goldman Sachs, the income required to be considered rich, benchmarking your retirement savings to your peers and more. Find complete...

Talk Your Book: The Case for Emerging Markets

March 19, 2021