Tech Stocks Are Back (EP.309)

Animal Spirits Podcast

The Compound

Investing, Business, News, Business News

4.7 • 2.1K Ratings

🗓️ 24 May 2023

⏱️ 49 minutes

🔗️ Recording | iTunes | RSS

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Summary

On today's show, Michael Batnick and Ben Carlson discuss the now-available Animal Spirits x Tropical Bros shirts, a great year for stocks (so far), Japan and Germany making new decade highs, US Government interest payments at all time highs, a postmortem on iBuyers, the end of the Cable bundle, AirBnb for cars, and much more! Thanks to YCharts for sponsoring this episode! Be sure to register for the webinar with RWM COO Nick Maggiulli on May 24th at 12:30pm ET. Visit https://go.ycharts.com/animal-spirits-referral for more information. Find complete shownotes 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 animalspiritspod@gmail.com 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 our friends at Y-charts, one more reminder,
0:05.1	register for Y-charts webinar discussing scenario tools with a big emphasis on how it works
0:09.1	to streamline the financial planning process with our COO. Nick Majouli, May 24th,
0:16.0	May 24th, 12.30 PM Eastern. Be there, sign up on our website. Wait, this comes out on May 24th.
0:22.8	So, same as just a reminder, if you're a morning listener and you want to learn about the scenario
0:26.5	tools, we have a lot of early morning listeners. One more thing from Y-charts, I pulled it up
0:30.8	comp tables this year, S&P 500, number of stocks up in the S&P out of 504 names. Well,
0:37.2	it's 500 names, don't do this. There's 504 names because different share classes.
0:41.0	All right, there's 500 stocks. There's 500 companies. Okay, technically 504 share classes.
0:45.8	There's 500 companies. All right, how many are up? Well, I was told five, so I'm going to go with five.
0:49.5	270 are up, because everyone says it's only. All right, I told there's just five companies.
0:53.5	234 are down. 150 stocks, since you're up 10% or more. 99 down 10% are worse.
1:00.3	Not as bad as people make it out to be saying it's only these stocks, right?
1:03.2	They have it. Just saying, if you want to check out the comp tables, scenario analysis,
1:06.2	all that stuff, check out the webinar. The day this is releasing, Y-charts.com,
1:11.4	tell them annual spirits that you're 20% off your initial subscription.
1:17.7	Welcome to Animal Spirits, a show about markets, life, and investing.
1:21.7	Join Michael Batnik and Ben Carlson as they talk about what they're reading,
1:25.4	writing, and watching. All opinions expressed by Michael and Ben
1:28.8	are solely their own opinion and do not reflect the opinion of Redholtz Wealth Management.
1:33.2	This podcast is for informational purposes only and should not be relied upon for any investment
1:38.0	decisions. Clients of Redholtz Wealth Management may maintain positions in the securities
	...

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