Is Twitter Dead? (EP.316)

Animal Spirits Podcast

The Compound

Business News, News, Investing, Business

4.7 • 2.1K Ratings

🗓️ 12 July 2023

⏱️ 61 minutes

🔗️ Recording | iTunes | RSS

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Summary

On episode 316 of Animal Spirits, Michael Batnick and Ben Carlson discuss: when to get bullish on the long run, how to use sell side stock research, what's wrong with Disney, cruises are underrated, how the pandemic messed up historical economic relationships, 8% mortgage rates and 3% mortgage rates, why housing prices are still going up, and much more! Thanks to YCharts for sponsoring this episode. See their latest monthly market wrap for June. This is a monthly blog post where YCharts breaks down the most important trends for advisors and their clients. All data/ charts in the report can be utilized by advisors to show to their clients: https://get.ycharts.com/resources/blog/monthly-market-wrap/ Pick up your Tropical Bros X Animal Spirits shirt here: https://tropicalbros.com/collections/animal-spirits/products/super-stretch-animal-spirits-hawaiian-shirt Find complete shownotes 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 animalspiritspod@gmail.com with any feedback, questions, recommendations, or ideas for future topics of conversation. Check out the latest in financial blogger fashion at The Compound shop: https://www.idontshop.com 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. Wealthcast Media, 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 our friends at Weicharts. Weicharts does a monthly
0:06.8	market wrap. So they just did this one for June. It's just a monthly blog where they break down
0:11.2	the most important trends and charts. And this is pretty good. I was going through it today.
0:16.1	They have index performance, asset class performance, sector performance, and then they have the
0:21.3	best stocks. So the best performing stocks of the S&P 500 for June were both cruise ships,
0:27.2	carnival cruise and Norwegian cruise line. Did you see the new giant cruise ship?
0:32.4	Yes. And I think I'm going to go Michael Burry on this and go against the grain because everyone
0:38.0	is dunking on this thing saying this looks awful. None of these people have ever been on a cruise
0:42.0	before. I would be one of these people if I hadn't been on three cruises in my life and enjoy
0:46.3	each one of them. I think a cruise is a lovely time that people who've never been on one
0:50.8	dunk on unreasonably. You know, I was going to zag too. I've never been on a cruise, but I'd
0:57.2	be happy to go on one. What? I don't understand that dunk on a cruise is what's bad about a cruise.
1:01.9	Here's where you get on a cruise. They have a casino on board. You get to eat as much as you want
1:06.3	the foods good. It's better than like an inclusive place. You could drink a bunch and then they have
1:10.8	shows every single night. It's tough to do. It's great. Anyway, yeah, but I was surprised both of
1:17.0	those carnival. What is it carnival? Is it royal or in a region?
1:21.8	Royal Caribbean is up 30 percent. Royal Caribbean had the biggest one, I think. Anyway,
1:26.0	this is really cool. If you want to sign up for this, we'll have a link in our show notes
1:29.7	we can sign up and get the monthly breakdown from them and then you can kind of click through and
1:33.0	go to the charts. And if you want to subscribe to White Chars and you haven't done so yet,
1:36.4	telemannel spirit sent you 20 percent off that initial sign up.
1:41.7	Welcome to Animal Spirits, a show about markets, life, and investing. Join Michael Batnik
	...

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