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Animal Spirits Podcast

Now Show Japan (EP.349)

Animal Spirits Podcast

The Compound

News, Business News, Business, Investing

4.82K Ratings

🗓️ 28 February 2024

⏱️ 66 minutes

🧾️ Download transcript

Summary

On episode 349 of Animal Spirits, Michael Batnick and Ben Carlson discuss: where Ben stayed in the Keys, Michael's surreal experience with Eli Manning, the market needs a healthy correction, Japanese equities making a come back, good news for homebuyers, the new Costner trailer, and much more! Thanks to EZBC and Fabric for sponsoring this episode. To learn more about the Franklin Bitcoin ETF (EZBC), visit: franklintempleton.com/strategies/bitcoin-etf Join the thousands of parents who trust Fabric by Gerber Life to protect their family. Apply today in just minutes at meetfabric.com/spirits. 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 The Fund (EZBC) has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (“SEC”) for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the Fund has filed with the SEC, when available, for more complete information about the Fund and this offering. You may obtain these documents for free by visiting EDGAR on the SEC website at sec.gov. It is also available on franklintempleton.com. Franklin Holdings, LLC is the Fund’s Sponsor (the “Sponsor”). Franklin Distributors, LLC, an affiliate of the Sponsor, is the Fund’s Marketing Agent. 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 EZ BC.

0:03.7

That's the Franklin Templeton Spot Bitcoin EDF.

0:07.6

I'm going to have to take the L on the crypto EDFs, I think.

0:10.0

Pretty close.

0:11.4

Although...

0:12.3

Pretty close. Where's the line?

0:14.4

Take the loss and move on.

0:17.0

Well, the interesting thing is it, I don't think it happened like anyone thought it would.

0:21.0

I think most people assumed the crypto

0:23.7

Bitcoin ETS would come out and the price would take off. Are you saying that

0:28.5

you're wrong but not for the right reasons? I'm nudging the goal post. I'm not moving them but there's that it's interesting because the price did fall first and then then the and it's I think a lot of this has to do the fact that people

0:42.2

What do you mean the price fell first?

0:44.0

It did.

0:45.0

The Bitcoin price fell as the ETS came out.

0:48.0

The price fell after the ETS came out.

0:50.0

Yeah, that's what I mean.

0:51.0

The price fell after the ETS came out.

0:52.0

And I think a lot of people thought it was just going to zoom higher like it has, but then it kind of came back. And I think this is a win for the EDF and Bitcoin industry. How's that?

1:03.4

Franklin Templeton recently put out a thought leadership piece

1:06.8

covering the case for Bitcoin, the value prop and portfolio

1:09.6

and all that sort of stuff.

1:11.0

Hit the link in the show.

...

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