Did Trump Blink? (EP. 405)

Animal Spirits Podcast

The Compound

News, Business News, Business, Investing

4.8 • 2K Ratings

🗓️ 26 March 2025

⏱️ 69 minutes

🔗️ Recording | iTunes | RSS

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Summary

On episode 405 of Animal Spirits, Michael Batnick and Ben Carlson discuss: how to become indispensable at work, the stock market comeback, the wealth effect, international stock outperformance, who owns the US stock market, 100 baggers, the Jerome Powell rally, watch what consumers do not what they say, how the GFC messed up the housing market, the shrinking middle class, Severance and more. This episode is sponsored by Kraneshares and Fabric by Gerber Life. Explore the KraneShares China & Emerging Markets Internet ETF Suite at: https://kraneshares.com/kweb-suite/?adsource=compound Join the thousands of parents who trust Fabric to protect their family. Apply today in just minutes at: https://meetfabric.com/spirits. Sign up for The Compound newsletter and never miss out: thecompoundnews.com/subscribe Find complete show notes on our blogs: Ben Carlson’s A Wealth of Common Sense Michael Batnick’s The Irrelevant Investor Feel free to shoot us an email at [email protected] with any feedback, questions, recommendations, or ideas for future topics of conversation. Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Michael Batnick and Ben Carlson are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management. The Compound Media, Incorporated, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers see here https://ritholtzwealth.com/advertising-disclaimers. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information. Obviously nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. See our disclosures here: https://ritholtzwealth.com/podcast-youtube-disclosures/ 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 Crane Shares. Ben, yesterday we had a conversation with a portfolio
0:04.0	manager who manages international stocks, emerging markets, and we were talking about just at the end
0:12.7	of last year, a real crescendo of investors, just absolutely throwing in the talent. Say it's,
0:17.7	it's been 15 years. It's's never going to happen and we spoke with
0:21.4	Brendan or hern from crane shares about Kweb probably sometime last year at brendon was i don't
0:26.4	if i misremembered this but borderline despondent it was it was about the lows as it could have
0:31.7	been for yeah sentiment and and since then international stocks have done well kweb is up more than 20% this year.
0:39.7	Chinese stocks are doing well, big time comeback.
0:42.7	Yeah, I guess it just goes to show you that sometimes the sentiment stuff is correct, right?
0:47.4	We just had to keep going a step lower, a step lower, a step lower.
0:50.7	You know, it's darkest just before you die.
0:56.4	But now there's light.
0:57.7	Now there's light on international stocks.
0:59.4	And if you want to take advantage of the sentiment change and get exposure to the Chinese
1:05.3	tech giants, K-Web is a way to do it.
1:08.9	Yep.
1:09.2	Cranches.com to learn more.
1:11.4	Today's animal spirits is brought to you by Fabric by Gerber Life.
1:14.4	Fabric by Gerber Life.
1:15.5	Easy term life insurance you can get done right from your couch, online and on your schedule.
1:19.6	It can be covered in under 10 minutes, no health exam required.
1:22.5	I've been thinking a lot about insurance lately, actually.
	...

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