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/
551
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
552
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
553
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
554
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
555
$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
556
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
557
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
558
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
559
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
560
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
561
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
562
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
563
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
564
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...
43 min
565
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...
47 min
566
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...
54 min
567
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...
43 min
568
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...
48 min
569
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...
47 min
570
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...
43 min
571
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...
44 min
572
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...
43 min
573
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...
43 min
574
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...
51 min
575
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...
52 min