Episodes
April 29, 2024
Talk Your Book: Hedging Your Portfolio with Options
On today's show, Ben Carlson and Michael Batnick are joined by Eric Metz, President, and Chief Investment Officer of SpiderRock Advisors to discuss, the pending acquisition by BlackRock, covered call performance in a bull ma…
April 24, 2024
A Healthy Pullback (EP. 357)
On episode 357 of Animal Spirits, Michael Batnick and Ben Carlson discuss: why the stock market needed a correction, why the 1990s is an outlier (in more ways than one), economic growth is a policy choice, Gen Z is doing bet…
April 22, 2024
Talk Your Book: The Bull Case for India
On today's show, we are joined by Anupam Ghose, Managing Partner at System Two Advisors to discuss: why the China story is different than the India of today, India's macro tailwinds, how GDP growth translates to higher stock…
April 17, 2024
The Yeah But Bull Market (EP.356)
On episode 356 of Animal Spirits, Michael Batnick and Ben Carlson discuss: why the stock market isn't down more, why the price of oil isn't up more, improvements in investor behavior, the auto insurance crisis, why home insu…
April 15, 2024
Talk Your Book: Diversifying Away From the Magnificent 7
On today's show, we spoke with Ed Egilinsky, Managing Director, Head of Alternatives, and Head of Sales and Distribution at Direxion to discuss: flows into bullish and bearish levered funds, diversifying away from large-cap …
April 10, 2024
Enjoy the Bull Market While it Lasts (EP.355)
On episode 355 of Animal Spirits, Michael Batnick and Ben Carlson discuss: how we prioritize our spending, 1987 vs. the Covid Crash, crazy index fund flows, stock market concentration, panic about government debt, the tech r…
April 8, 2024
Talk Your Book: Emerging Market Fundamentals
On today's show, we are joined by Rahul Sharma, Portfolio Manager and Executive Director of Schaffer Cullen Capital Management to discuss: China's effect on Emerging Markets, avoiding value-traps in EM, strong macro trends i…
April 3, 2024
The Never-Ending Travel Boom (EP.354)
On episode 354 of Animal Spirits, Michael Batnick and Ben Carlson discuss: inflation helping corporate profits, what's going on with chocolate, airport traffic hitting all-time highs, the new Robinhood credit card, the downf…
April 1, 2024
Talk Your Book: Preserving Your Capital
On today's show, Ben Carlson and Michael Batnick are joined again by Jason Barsema, Co-Founder and President of Halo Investing to discuss: investing in notes structured around single stocks, the difference between hard and s…
March 27, 2024
The Roaring Twenties (EP.353)
On episode 353 of Animal Spirits, Michael Batnick and Ben Carlson discuss: why the elements are in place for a boom-time decade, why household allocations to stocks were so low in the past, how to lie with statistics, who ke…
March 25, 2024
Talk Your Book: Finding a Bottom in China
On this episode, Ben Carlson and Michael Batnick are joined by Jonathan Shelon, Chief Operating Officer of KraneShares to discuss: an economic update on China, China's buyer of last resort, what happened in Chinese real esta…
March 23, 2024
Talk Your Book: Return Stacking
On this episode, Ben Carlson and Michael Batnick are joined by Corey Hoffstein of Newfound Research to discuss: managed futures, return stacking, using leverage effectively, and much more! Find complete show notes on our blo…
March 20, 2024
This is a Good Thing (EP.352)
On episode 352 of Animal Spirits, Michael Batnick and Ben Carlson discuss: thoughts on Italy, consumers wall of cash, inflation at the grocery store, real estate agent commissions in trouble, the best airplane movie of all t…
March 18, 2024
Talk Your Book: The Mount Rushmore of ETFs
On today's show, Ben Carlson and Michael Batnick are joined by Ryan McCormack, Factor and Core Equity Strategist and Paul Schroeder, QQQ Equity Product Strategist at Invesco to discuss: the creation of the Nasdaq 100, where …
March 13, 2024
The Richest Country in the World (EP.351)
On episode 351 of Animal Spirits, Michael Batnick and Ben Carlson discuss: one of the most resilient stock rallies ever, money market funds vs. crypto, Americans are rich, the stock market has always been concentrated, infla…
March 11, 2024
Talk Your Book: The Bitcoin Halving
On today's show, Ben Carlson and Michael Batnick are joined by Chris Kuiper, Director of Research, and Matt Horne, Head of Business Development for Fidelity Digital Asset Management to discuss: the new Bitcoin ETFs, how much…
March 6, 2024
Things Are Getting Stupid Again (EP.350)
On episode 350 of Animal Spirits, Michael Batnick and Ben Carlson discuss: where Ben stayed in the Keys, Michael's surreal experience with Eli Manning, the market needs a healthy correction, Japanese equities making a come b…
March 4, 2024
Talk Your Book: Private Investing for Fiduciaries
On today's show, Ben Carlson and Michael Batnick are joined by Jacob Miller, Co-Founder of Opto Investments to discuss: how difficult it is for RIAs to get private market exposure, the growth of private credit, and why that …
Feb. 28, 2024
Now Show Japan (EP.349)
On episode 349 of Animal Spirits, Michael Batnick and Ben Carlson discuss: where Ben stayed in the Keys, Michael's surreal experience with Eli Manning, the market needs a healthy correction, Japanese equities making a come b…
Feb. 26, 2024
Talk Your Book: Investing for Income
On today's show, Ben Carlson and Michael Batnick are joined by Josh Greco, Senior VP and Senior Institutional Portfolio Manager for Franklin Income Investors to discuss: asset allocation decisions within multi-asset funds, h…
Feb. 21, 2024
The Fed Should Cut Already (EP.348)
On episode 348 of Animal Spirits, Michael Batnick and Ben Carlson discuss: the people you see on every vacation, the cure for the loneliness epidemic, the biggest driver of stock market returns, the John Bogle expected retur…
Feb. 19, 2024
Talk Your Book: Putting a Floor on the Nasdaq 100
On today's show, Ben Carlson and Michael Batnick are joined by Bruce Bond, Co-Founder and CEO of Innovator Capital Management to discuss: behavioral finance, and the popularity of defined outcome products during bull markets…
Feb. 17, 2024
Talk Your Book: No Worries with Jared Dillian
On today's show, Ben Carlson and Michael Batnick are joined by Jared Dillian to discuss his new book No Worries: How To Live a Stress-Free Financial Life . Jared is the editor of The Daily Dirtnap , a daily market newsletter…
Feb. 14, 2024
Passive is Eating the Market (EP.347)
On episode 347 of Animal Spirits, Michael Batnick and Ben Carlson discuss: why McDonald's is getting more expensive, the prospects for another bear market this year, fundamentals that drive stock returns, concentration in th…