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Animal Spirits Podcast

Capitalism As We Know It (EP.142)

Animal Spirits Podcast

The Compound

News, Business News, Investing, Business

4.72.1K Ratings

🗓️ 29 April 2020

⏱️ 46 minutes

🧾️ Download transcript

Summary

We discuss why credit card payments will be the first thing to go for people with financial problems, why so many people prefer real estate as an investment, colleges, and gyms are in trouble, people who will leave big cities, how a crisis can change your investment thesis on the fly and more. Find complete shownotes on our blogs... Ben Carlson’s A Wealth of Common Sense Michael Batnick’s The Irrelevant Investor Like us on Facebook And feel free to shoot us an email at animalspiritspod@gmail.com with any feedback, questions, recommendations, or ideas for future topics of conversation. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Today's Animal Spirits is brought to you by our friends at YCharts.

0:03.6

On today's show, we are going to be looking into some of the credit card companies and see

0:08.2

how much trouble they're in.

0:09.6

And we pulled up some macro data on credit cards, just looking at the actual average credit

0:13.6

card rate we're going to look at some of the biggest impacted and most impacted

0:17.0

companies and using some help from YChards. If you're interested in checking it

0:21.1

out it's great for at home because you can use it on any device,

0:24.8

go to YCharts Tell them Animal Spirits sent you and get 20% off of your first subscription.

0:29.2

Welcome to Animal Spirits, a show about markets, life, and investing.

0:34.8

Join Michael Batnick and Ben Carlson as they talk about what they're reading, writing, and

0:39.6

watching.

0:40.6

Michael Batnick and Ben Carlson work for Ritholz Wealth Management.

0:44.5

All opinions expressed by Michael and Ben or any podcast guests are solely their own opinions

0:49.0

and do not reflect the opinion of Ritholz Wealth Management.

0:51.8

This podcast is for informational

0:53.4

purposes only and should not be relied upon for investment decisions.

0:56.6

Clients of Ritt Holt's wealth management may maintain positions in the

0:59.6

securities discussed in this podcast.

1:01.3

Welcome to Animal Spirits with Michael and Ben.

1:04.0

So someone asked us this weekend on Twitter what we would like to do to make the finances

1:11.0

of people on the low end of the income scale more adaptable to this crisis

1:15.7

and how you can help them. And we're going to talk about the unemployment stuff maybe towards the

...

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