Episodes
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 blog...
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 ti...
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 t...
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, inflat...
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 ba...
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 m...
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 ba...
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, ho...
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 return...
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 the...
Feb. 12, 2024
Talk Your Book: Talking Bonds at the New York Stock Exchange
On today's show recorded in person at the New York Stock Exchange, Ben Carlson and Michael Batnick are joined by Kay Herr and Rick Figuly of JP Morgan 's Global Fixed Income, Currency, and Commodities group to discuss: JP Mor...
Feb. 7, 2024
The Holy Grail of Investing (EP.346)
On episode 346 of Animal Spirits, Michael Batnick and Ben Carlson discuss: concentration risk in the US stock market, economic dominance from the United States, when the Fed will cut rates, competing takes on the Apple Vision...
Feb. 5, 2024
Talk Your Book: Investing in Infrastructure
On today's show, Ben Carlson and Michael Batnick are joined again by Bob Long, CEO of StepStone to discuss: - What investments StepStone is making within Infrastructure - How liquidity works with infrastructure investments - ...
Jan. 31, 2024
Gen Z Is on Fire (EP.345)
On episode 345 of Animal Spirits, Michael Batnick and Ben Carlson discuss: the types of people you see on every flight in America, why new highs in the stock market are perfectly normal, why the Fed should cut rates even in a...
Jan. 29, 2024
Talk Your Book: What's Going on in the Bond Market?
On this episode of Talk Your Book, Michael Batnick and Ben Carlson are joined by Alex Morris, CIO of F/m Investments to discuss: 2024 rate cut possibilities, the difficulty of forecasting, and why everyone got 2023 so wrong, ...
Jan. 24, 2024
New All-Time Highs! (EP.344)
On episode 344 of Animal Spirits, Michael Batnick and Ben Carlson discuss: the average length of bull and bear markets, what's up with small cap stocks, $8.8 trillion in cash, no show China, the vibecession is over, the softe...
Jan. 22, 2024
Talk Your Book: Live at FARMCON
On this episode, Michael Batnick and Ben Carlson are live at FARMCON to discuss: the macro economy and inflation in 2023 and 2024, commodity trading with legendary trader Andy Daniels, how behavioral finance affects investmen...
Jan. 17, 2024
The Cash-Returning Machine
On episode 343 of Animal Spirits, Michael Batnick and Ben Carlson discuss: setting return expectations moving forward, US Large Cap stocks generating a ton of cash, a bear market in used cars, an update on Bitcoin ETFs, Great...
Jan. 15, 2024
Talk Your Book: Building Portfolios with AI
On this episode, Michael Batnick and Ben Carlson are joined again by Chris Shuba, Founder and CEO of Helios Quantitative Research to discuss: the experience of a diversified investor in 2023, utilizing AI to build portfolios ...
Jan. 10, 2024
The Fee War Comes to Crypto (EP.342)
On today's show we discuss the biggest winners and losers of 2023 in the markets, short-term vs. long-term returns for stocks, why the U.S. dominates financial markets, the problem with being right once in a row, Bitcoin ETF ...
Jan. 8, 2024
Talk Your Book: Reliable Monthly Payouts to Age 100
On today's show, Michael Batnick and Ben Carlson are joined by Nate Conrad, Head of LifeX to discuss: how LifeX can earn higher yields than US Treasuries, how payouts differ depending on investor age, utilizing the LifeX inco...