Dad Cat Bounce (EP.87)

Animal Spirits Podcast

The Compound

Business News, News, Investing, Business

4.7 • 2.1K Ratings

🗓️ 12 June 2019

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

On this week's episode we discuss our chart crime of the year candidate, the staggering amount of student loan debt, managing money for NBA players, paying for time, why the home buying decision is so personal, contradictory bubble data, does anyone need an MBA, is Chernobyl the best show ever and much 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

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0:00.0	Welcome to Animal Spirits, a show about markets, life, and investing.
0:05.0	Join Michael Batnik and Ben Carlson as they talk about what they're reading, writing, and watching.
0:11.0	Michael Batnik and Ben Carlson work for Ritholz Wealth Management.
0:15.0	All opinions expressed by Michael and Ben or any podcast guests are solely their own opinions
0:19.7	and do not reflect the opinion of Ritholz wealth management. This podcast is for informational purposes only. not be relied on and the securities discussed in this podcast. Welcome to Animal Spirits with Michael and Ben.
0:35.0	I'm a little worried about the market.
0:37.0	Can I just share with you a chart I found?
0:39.0	But which market?
0:40.0	The market.
0:41.0	Everything.
0:42.0	Did you know that when there are weeks when gold and silver stocks rallied at least 5.2%
0:47.0	and oil declined by 8.7%, we had a tech bust and a global financial crisis and that just happened at the end of
0:53.7	last week.
0:54.7	Hold on, I am now putting on some hatching trades.
0:57.0	It's one of those charts where they show the peaks and then you see like the lines that show
1:01.4	when it happened right at the top so you know it's
1:04.0	legit this is definitely I don't know this I think this was on a market watch
1:07.8	definitely a good addition for a crime of the year probably so this is weird language so it shows weeks when
1:15.5	gold and silver did what they just did as you explained and then it says such just
1:20.0	happened in the week ended it does kind of sound like a bot wrote that. Such just
1:26.0	happened? I don't know. And isn't it weekending? I mean that's that's the
1:31.3	least of the... yeah it's the least of our worries is the the grammar
	...

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