Welcome to Animal Spirits, a show about markets, life, and investing.

Join Michael Batnik and Ben Carlson as they talk about what they're reading, writing, and watching.

Michael Batnik and Ben Carlson worked for Ritalts Wealth Management.

All opinions expressed by Michael and Ben or any podcast guests are solely their own opinions

are subject to change based on market and other conditions and factors and do not reflect the opinion of

Riddholz wealth management, State Street Global Advisors, and or State Street

corporations and its affiliates. This podcast is for informational purposes only and

should not be relied upon for investment decisions.

Clients of Redhol's wealth management may maintain positions in the securities discussed in this

podcast.

We're joined today by Michael Eroni, chief strategist for State Street Global Advisors.

We're recording this on Monday, around lunchtime.

Michael, thank you for coming on.

Oh, my pleasure.

Thanks for having me.

So we were going to talk about the election and the stocks and we certainly will but what a morning what a day what a year

Yeah, I mean you can't have enough superlatives to describe 20

But today was a kind of giant step forward in terms of COVID has always been a health problem that requires a health solution.

And today we took a giant step forward in coming up with that health solution.

And what's interesting here is that a lot of the stocks, the sectors, the industries that have been lagging as a result of the environment are starting to catch up to where tech has been for a while now.

So that's nice to see.

Does it surprise you at all that this obviously wasn't priced in that maybe the effectiveness of this or do you is this just a relief

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