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Animal Spirits Podcast

Are We Sure a Recession is Coming? (EP.263)

Animal Spirits Podcast

The Compound

Investing, Business News, Business, News

4.7 • 2.1K Ratings

šŸ—“ļø 29 June 2022

ā±ļø 54 minutes

šŸ§¾ļø Download transcript

Summary

On today's show we discuss stock market return expectations, the sell-off in commodities, the back and forth on recession predictions, fighting the last war on the economy, why crypto crashed so bad, negotiating your cable bill down and much more. Ā  Find complete shownotes on our blogs...Ā Ben Carlson’s A Wealth of Common SenseĀ Michael Batnick’s The Irrelevant InvestorĀ Like us on FacebookĀ And feel free to shoot us an email at animalspiritspod@gmail.com with any feedback, questions, recommendations, or ideas for future topics of conversation.Ā  Learn more about your ad choices. Visit megaphone.fm/adchoices

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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