Stocks Are Not Bonds (EP.31)
Animal Spirits Podcast
The Compound
4.7 • 2.1K Ratings
🗓️ 30 May 2018
⏱️ 43 minutes
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Summary
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| 0:00.0 | Welcome to Animal Spirits, the podcast that takes a completely different look at markets and investing, |
| 0:06.4 | hosted by Michael Bannick and Ben Carlson, two guys who study the markets as a passion and invest for all the right reasons. |
| 0:14.6 | Michael Batnik and Ben Carlson work for Rit Holt's wealth management. |
| 0:18.0 | All opinions expressed by Michael and Ben or any podcast guests are solely their own opinions and do not reflect the opinion of |
| 0:23.9 | Ritt Holt's wealth management. This podcast is for informational purposes only and |
| 0:27.8 | should not be relied upon for investment decisions. Clients of Ritthold's |
| 0:31.0 | wealth management may maintain positions in the securities discussed in this podcast. |
| 0:35.9 | Welcome to Animal Spirits with Michael and Ben. If you follow us into the 100-year bond |
| 0:40.8 | Argentinian short in the past weeks, we're going to take some money off the table and put it into Italian two year bonds |
| 0:46.1 | Apparently that's the crisis de jure |
| 0:48.1 | Apparently Italian bonds two year bonds plunge the most since the euro came into existence because people were worried it could leave the common currency. |
| 0:55.4 | I'm still trying to catch up on the Cyprus crisis from a few years ago, so I'm kind of behind on this one. |
| 0:59.8 | Yeah, this is like 2011 all over again. |
| 1:02.4 | Which, yeah, I feel like do we have to start learning central bankers' names in Europe again? |
| 1:06.8 | I refuse. |
| 1:07.8 | Then we forget, the market forgets about in two months? |
| 1:09.8 | Okay. |
| 1:10.8 | We'll see where this goes. |
| 1:12.4 | So a reader shared with us an amazing thread on on Reddit and the title is my dad has |
| 1:18.9 | 1.8 million dollars worth of GE. What should he do? This is roughly 90% of his stock portfolio I wanted to |
| 1:25.0 | diversify a few years back but he's held the stock for years and is quite stubborn he's |
| 1:28.8 | 67 years old as retired for GE within the next year or so he will then receive a |
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