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Animal Spirits Podcast

Living the Dream (AS.370)

Animal Spirits Podcast

The Compound

News, Business News, Business, Investing

4.82K Ratings

🗓️ 24 July 2024

⏱️ 61 minutes

🧾️ Download transcript

Summary

On episode 370 of Animal Spirits, Michael Batnick and Ben Carlson discuss: why the stock market doesn't care who the president is, the U.S. stock market is having a boring year, the biggest winners in stock market history, the economics of a martini, the best comedy movies of all-time, the broken beer bottle economy, Nvidia employees are rich, and much more! This episode is sponsored by Global X and Fabric by Gerber Life. Visit https://www.globalxetfs.com/ to explore a lineup of more than 90 ETFs, along with insights to help you navigate a dynamic investing landscape. 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 Check out the latest in financial blogger fashion at The Compound shop: https://www.idontshop.com 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

Click on a timestamp to play from that location

0:00.0

On today's show, Ben and I discuss Jerome Powell.

0:03.2

Is he the greatest Fed chairman of all time?

0:05.3

Or did he just get a little bit lucky?

0:07.1

I'm going to make the analogy that the U.S. economy is like the time my friend in high school

0:10.8

got a beer bottle broken over his head.

0:13.0

We go over the definitive list of best comedies of all time, an emailer asked us about that.

0:19.0

The ultimate conversation stopper?

0:21.0

I'm not a big guy for small talk, but you say this one phrase and Michael and I out

0:24.1

done see you lastly we hit on the economics of Martini hope you all enjoy the show

0:30.2

This episode of Animal Spirits is sponsored by GlobalX ETS, since 2008 GlobalX ETS

0:36.4

has been committed to empowering investors with unexplored and intelligent solutions.

0:41.3

Global X specializes in ETS that track emerging trends like artificial intelligence, as well

0:45.2

as strategies within the A ecosystem such as data centers, robotics, cloud computing, and more.

0:51.0

Visit GlobalX ETS.com to explore a lineup of more than 90 E-T-Fs, along with insights to help navigate a dynamic investing landscape.

0:59.0

Today's show is brought to you by Fabric-By Gerber Life.

1:02.0

Fabric-Life is the term life insurance

1:04.4

you can get done right here, right now.

1:06.0

You could be covered from your couch

1:07.1

in under 10 minutes with no health exam required,

1:09.2

which is good for us because we have to make some pains

1:11.2

in our middle age.

1:11.9

Very good, my back hurts,

...

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