New All-Time Highs! (EP.344)

Animal Spirits Podcast

The Compound

News, Business News, Business, Investing

4.8 • 2K Ratings

🗓️ 24 January 2024

⏱️ 66 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

On episode 344 of Animal Spirits, Michael Batnick and Ben Carlson discuss: the average length of bull and bear markets, what's up with small cap stocks, $8.8 trillion in cash, no show China, the vibecession is over, the softening labor market, airline credit cards, 0% rate loans, the Bitcoin ETF, and much more! Thanks to YCharts for sponsoring this episode! Get 20% off your initial YCharts Professional subscription at: https://go.ycharts.com/animal-spirits-referral 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. 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 YCharts.
0:02.7	Michael, how many hours a month do you think advisors are saving by using Y Charts?
0:08.1	I'll tell you.
0:09.1	17.
0:10.1	29 hours.
0:12.1	So they did some survey, they found advisors saving 29 hours. So they did some survey, they found advisors saving 29 hours.
0:15.0	Was that the average?
0:17.0	That's the average.
0:18.0	Yep.
0:19.0	So I probably say 46.
0:20.0	Aside from those savings, they're also 26 million in new AUM surveyed by
0:24.6	advisors who brought in the past year by using Y charts. Not bad. I save a
0:29.5	ton of time using Y charts too. We've talked about this before just adding
0:32.0	those little gray
0:32.5	recession bars, which I think is important for a lot of economic data. The first time I
0:37.1	the first time I figured out how I did that on Excel I felt like a I felt like a world
0:41.0	solver solver. I have to Google it every time, but I, most of the charts in my blog used to be created personally
0:47.1	by hand, it would take forever on Excel and now you can just do it with a click of a button
0:50.9	on Y charts.
0:51.9	Saves us a lot of time too.
0:53.0	You know how they show you, you know they show you like,
0:55.0	every week they show you your screen time on your phone?
	...

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