Animal Spirits Podcast
Animal Spirits is a show about markets, life, and investing. Join Michael Batnick and Ben Carlson as they talk about what they're reading, writing, listening to and watching. Look for new episodes every Wednesday morning. See our disclosures here - https://ritholtzwealth.com/podcast-youtube-disclosures/
451
Interest Rates Are Never Going Up Again (EP.221)
On today's show we discuss the early days of this podcast, Ray Dalio's performance issues, how wealth and demographics are impacting interest rates, why bitcoin matters, Ben's week with Covid and more. Find complete shownotes on our blogs... Ben...
49 min
452
Talk Your Book: Insourced CIO
On today's Talk Your Book we spoke with Helios CEO Chris Shuba about estate planning and investment services for financial advisors. Find complete shownotes on our blogs... Ben Carlson’s Michael Batnick’s Like us on And feel free to shoot us...
34 min
453
The Big Long (EP.220)
On today's show we discuss a Covid outbreak for Ben, the shifting risk appetite for young people, getting rich overnight has never been easier, why money supply is not inflation, the labor shortage hitting close to home and more. Find complete...
44 min
454
Listener Mailbag
On today's episode, the guys are back with another episode of listener questions. 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, questions,...
45 min
455
How to Crush a Job Interview (EP.219)
On today's show we discuss the pros and cons of the CFA, tales of Michael's old job interviews, seeing both sides of the NFT boom, why moving money in crypto is still so complex, people working two jobs remotely, why we're taking money out of our...
45 min
456
Talk Your Book: Bring Your Own Deal
On today's Talk Your Book we spoke with Rocket Dollar CEO Henry about self-directed IRAs. 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,...
30 min
457
Ben Turns 40 (EP.218)
On this week's show we discuss direct-listed IPO performance, the scorching hot NFT market, Ben's milestone birthday, transitory inflation signals, shortages in the economy, the relativity of rich and much more. Find complete shownotes on our blogs......
49 min
458
Did Bitcoin Kill Gold? (EP.217)
On today's show we discuss investors behaving better, meme stock pushback, what is wrong with gold, why crypto isn't crashing despite more regulation, canceling student loan interest, Michael's trip to the casino and more. Find complete shownotes on...
48 min
459
Talk Your Book: Investing in Dual Impact ETFs
On today's Talk Your Book we spoke with Wendy Wong of New York Life Investments about investing to fight heart disease. Find complete shownotes on our blogs... Ben Carlson’s Michael Batnick’s Like us on And feel free to shoot us an email at ...
24 min
460
Emergency Pod: We Were Both Wrong About Robinhood
On Wednesday, we held a Twitter Spaces to discuss the Robinhood IPO and the fact that Ben sold his shares last week. Find complete shownotes on our blogs... Ben Carlson’s Michael Batnick’s Like us on And feel free to shoot us an email...
14 min
461
The Best Way to Get a Raise (EP.216)
On today's show we discuss Ben's recent trip to NYC, how the psychology around money can shape your relationships, the 1987 of recessions, the Robinhood IPO, changing how we think about debt, how much money it takes to feel financially secure and...
50 min
462
We Love to Spend Money (EP.215)
On this week's show we discuss the insane run in stocks over the last 12 years, what's moving crypto prices lately, when to take profits from a big winner, the shortest recession ever, housing price appreciation slowing down, the Netflix of...
42 min
463
Prices Only Go Up (EP.214)
On this week's show we discuss the difference between a trip and a vacation, what it means to be rich, the inflation conundrum, why it's easier to raise prices than lower them, why Roth IRAs won't get taxed again, the best show no one talks about and...
47 min
464
Talk Your Book: Invest by Avoiding the Losers
On today's Talk Your Book, we spoke with Julian Koski of New Age Alpha about setting baselines and probabilities on current stock prices to help avoid the losers in the future. Find complete shownotes on our blogs... Ben Carlson’s Michael...
32 min
465
High School Reunion (EP.213)
On today's episode we discuss the Roaring 20s, why things are better than you think, the coming baby bust, the end of cash, who's driving up home prices, the end of the movie business, Ben's high school reunion and more. Today’s show is brought to...
52 min
466
Talk Your Book: Quality Growth
On today's show the guys talk with Eric Schoenstein, CIO at Jensen Investment Management about how to find quality growth companies trading at a reasonable price. Find complete shownotes on our blogs... Ben Carlson’s Michael Batnick’s Like us on...
31 min
467
$35 Trillion Giveaway (EP.212)
On today's show we discuss unplugging from social media for the weekend, the big move in stocks from the bottom of the bear market, why this time is different, the great migration from CA to Austin, Robinhood's S-1, the coming inheritance wave, some...
50 min
468
The Wealthiest Generation (EP.211)
On this week's show we discuss money piling into crypto, bubble experts, flows over pros, young people waiting to settle down, the housing market conundrum, households are richer than ever, FOMO lessons from The Great Outdoors and more. Find complete...
39 min
469
Talk Your Book: Anti-Carry
On today's show, the guys talk with Paul Kim of Simplify on how to sell vol and not get run over by the proverbial steamroller. Find complete shownotes on our blogs... Ben Carlson’s Michael Batnick’s Like us on And feel free to...
31 min
470
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...
48 min
471
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...
50 min
472
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,...
37 min
473
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...
48 min
474
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...
32 min
475
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,...
50 min