Today's Animal Spirits is brought to you by Why Charts.

Welcome to Animal Spirits, the podcast that takes a completely different look at markets and investing.

Hosted by Michael Bannick and Ben Carlson.

Two guys who study the markets as a passion and invest for all the right reasons.

Michael Batnik and Ben Carlson work for Rit Holt's Wealth Management.

All opinions expressed by Michael and Ben or any podcast guests

are solely their own opinions and do not reflect the opinion

of Ritholz wealth management.

This podcast is for informational purposes only

and should not be relied upon for investment decisions.

Clients of RITOLts Wealth Management may maintain positions in the securities discussed in this

podcast.

So Amazon reported earnings last week and it's some of the stuff here is kind of wild.

So in 2016 Apple was more than twice the size of Amazon.

Now that gap has all but disappeared.

They're basically the same size in terms of market cap.

And they both hit $1 trillion last year,

which lasted for about three weeks I think.

So we've got a chart that we put in here from Why Charts,

and it shows this breakdown and it's cool because it shows it on a relative basis.

And it really is amazing.

And it's one of those other things where this is one of the reasons

...