Are We Sure a Recession is Coming? (EP.263)
Animal Spirits Podcast
The Compound
4.7 ⢠2.1K Ratings
šļø 29 June 2022
ā±ļø 54 minutes
šļø Recording | iTunes | RSS
š§¾ļø Download transcript
Summary
Transcript
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| 0:00.0 | today's animal spirits is brought to you by masterworks i got an update my portfolio performance as of june and not to brag |
| 0:08.1 | i've got five paintings four to five are up now doesn't mean an exit but according to the marks |
| 0:16.2 | i've got this nice here cesselly brown painting 44 percent up |
| 0:23.1 | not bad it's pretty good my cash is down 8 percent so i'll take it that's true still waiting for |
| 0:28.7 | elusive exit like ben had but i'll take the wins when i get them 2022 wins are hard to come by |
| 0:34.0 | i got an update too all my paintings that have marks are up besides the new ones that have marks |
| 0:38.5 | my gunther forg is down a little bit i knew i shouldn't have bought that gunther forg dammit |
| 0:42.3 | how about this rich people are good hedge against inflation because rich people like to complain but |
| 0:47.1 | do they really pull back during inflation not that much right i don't think so |
| 0:51.6 | all right if you want to learn more go to masterworks.io slash animal |
| 0:56.3 | welcome to animal spirits a show about markets life and investing join michael batnik and |
| 1:02.4 | ben carlson as they talk about what they're reading writing and watching. |
| 1:07.2 | michael batnik and ben carlson work for writholds wealth management all opinions expressed |
| 1:11.9 | by michael and ben or any podcast guests are solely their own opinions and do not reflect the |
| 1:16.3 | opinion of writholds wealth management this podcast is for informational purposes only and should |
| 1:20.8 | not be relied upon for investment decisions clients of writholds wealth management may maintain |
| 1:25.2 | positions and the securities discussed in this podcast welcome to animal spirits with michael and |
| 1:30.0 | ben ben you just mentioned something you just said it out loud that we're in a bear market now listen |
| 1:33.6 | i know we're in a bear market but it does feel a little weird to hear you say that it's like |
| 1:38.1 | sure we're in a bear market we have been in one technically for a couple weeks but realistically |
| 1:43.1 | for a few months now probably we technically came out of the bear market we poked our head above |
| 1:48.6 | for a second now we're back down below so we're recording this on Tuesday at 12 20 eastern |
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