Episodes
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, t...
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 buye...
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 launc...
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 quantify...
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, th...
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, Wingst...
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, mult...
July 10, 2024
Buying a House at the Top of the Market (EP.368)
On episode 368 of Animal Spirits, Michael Batnick and Ben Carlson discuss: why the stock market never really changes, why this is the hardest it's ever been to beat the market, the travel boom rolls on, Boomers are having fun...
July 9, 2024
Talk Your Book: Public and Private Market Credit Opportunities
On today's show, Ben Carlson and Michael Batnick are joined by Ben Santonelli, Lead Portfolio Manager of Polen Capital 's Credit Opportunities Strategy to discuss how interval funds work, navigating interest rate increases wi...
July 6, 2024
Talk Your Book: Why We Don't Build Enough Houses
On today's show, Ben Carlson and Michael Batnick are joined by Coby Lefkowitz , Partner at Backyard to discuss why homebuilding has slowed, why building houses has become such a complex process, thoughts on start-up cities, P...
July 3, 2024
Living Paycheck-to-Paycheck (EP.367)
On episode 367 of Animal Spirits, Michael Batnick and Ben Carlson discuss: U.S. domination of the world stock market, how credit spreads work, how the 401k revolution changed the stock market, Americans are rich, an economic ...
July 1, 2024
Talk Your Book: Income Outcome Investing
On today's show, Ben Carlson and Michael Batnick are joined by Hamilton Reiner, Managing Director, Portfolio Manager, and Head of US Equity Derivatives at JPM Asset Management to discuss active strategies combined with option...
June 26, 2024
Who Owns the Stock Market? (EP.366)
On episode 366 of Animal Spirits, Michael Batnick and Ben Carlson discuss: the biggest difference between bull and bear markets, cyclical vs. secular bull markets, what's wrong with Europe, Gen Z is obsessed with the stock ma...
June 24, 2024
Talk Your Book: Growth Stock Concentration
On today's show, Ben Carlson and Michael Batnick are live from Charleston, joined by Kathleen McCarragher, a Portfolio Manager for Jennison Associates and Harbor Capital to discuss market concentration within the S&P 500, how...
June 19, 2024
The Fed Needs to Cut (EP.365)
On episode 365 of Animal Spirits, Michael Batnick and Ben Carlson discuss: why it's finally time for the Fed to cut rates, when valuations will matter again, the best hedges against an AI boom-bust cycle, what would cause hou...
June 17, 2024
Talk Your Book: A $20 Trillion Dollar Market Opportunity
On today's show, we are joined again by Bob Long, CEO of StepStone Private Wealth to discuss the basics of private credit, how the Dodd-Frank Act affected the banking industry, what types of deals StepStone is pursuing, why p...
June 16, 2024
Bankless & Animal Spirits
On this special episode of Animal Spirits, Michael Batnick and Ben Carlson are joined by Ryan Sean Adams and Adam Hoffman, of the Bankless podcast, to discuss: crypto cycles, Bitcoin vs Ethereum, crypto entering politics, and...
June 12, 2024
Addicted to Trading (EP.364)
On episode 364 of Animal Spirits, Michael Batnick and Ben Carlson discuss: our trip to Charleston, slowing vs. normalization of the economy, the loneliness of the American worker, Fed rate cuts, getting rich fast, degens trad...
June 10, 2024
Talk Your Book: Utilizing Dividends for Income
On today's show, we spoke with Chris Floyd, VP and Portfolio Manager for Franklin Templeton Investment Solutions to discuss how rates affect high-dividend paying companies, the low volatility aspect of the portfolio, utilizin...
June 5, 2024
The Consumer is Slowing Down (EP.363)
On episode 363 of Animal Spirits, Michael Batnick and Ben Carlson discuss: what happens if the AI bubble bursts, 200 years of stock market concentration, how to find lower insurance premiums, the bottom 50%, the fentanyl of p...
June 3, 2024
Talk Your Book: Supply and Demand Always Wins
On today's show Ben Carlson and Michael Batnick are joined by Sal Gilbertie, CEO of Teucrium to discuss the cost of production and commodities, how inflation affects the cost of production, how investors are utilizing Teucriu...
May 29, 2024
Has the World Gone Crazy? (EP.362)
On episode 362 of Animal Spirits, Michael Batnick and Ben Carlson discuss: the great Bill Walton, how many people own stocks and houses in America, how the internet and outrage culture broke surveys, 401k millionaires, what i...