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Animal Spirits Podcast

The Great Unwind (EP.135)

Animal Spirits Podcast

The Compound

Investing, Business News, Business, News

4.7 • 2.1K Ratings

🗓️ 3 April 2020

⏱️ 43 minutes

🧾️ Download transcript

Summary

We discuss the enormous effort from the science community to find a vaccine, using history as a guide even when every bear market is different, a wild month in the stock market, the coming small business apocalypse, how many people will have trouble with mortgage/rent payments, inequality in the downturn and much more.  Find complete shownotes on our blogs... Ben Carlson’s A Wealth of Common Sense Michael Batnick’s The Irrelevant Investor Like us on Facebook And feel free to shoot us an email at animalspiritspod@gmail.com with any feedback, questions, recommendations, or ideas for future topics of conversation. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Over two years and 20 million downloads, the tech meme Ride Home is Silicon Valley's water cooler podcast.

0:05.2

It's a daily show every day by 5 p.m. Eastern you get the latest headlines, tweets, hot takes and context.

0:10.6

It's only 15 to 20 minutes long, which helps when you're busy in the quarantine search your podcast app and subscribe to the tech meme ride home podcast today

0:19.6

Welcome to animal spirits a show about markets, life, and investing.

0:24.6

Join Michael Batnick and Ben Carlson as they talk about what they're reading, writing,

0:29.3

and watching.

0:30.9

Michael Batnick and Ben Carlson work for Ritholz Wealth Management.

0:34.4

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

0:38.8

and do not reflect the opinion of Ritholz Wealth Management.

0:41.6

This podcast is for informational purposes only and should not be relied upon for investment decisions.

0:46.6

Clients of Rit Holt's wealth management may maintain positions in the securities discussed

0:50.3

in this podcast.

0:52.1

You know, they say that a shorter commute is really

0:55.4

indicative of a happier overall life. I think there's a minimum commute at which

1:00.3

that is the case. It's like a minimum of three miles or a mile because I don't think 10 feet is making anybody

1:05.9

happier right now.

1:06.9

We're finding that out at the moment, aren't we?

1:08.8

Yeah.

1:10.0

Yeah.

1:11.0

So I think the fear and anxiety from this stuff, especially since we've been in it for a while now, I guess it's been, what do you think it's been a month at least since things have been heightened?

1:21.0

At first it was a daily thing, and now I feel like it comes in waves and I

1:27.3

listened to another Peter Attia podcast on the drive and this was with Michael Osterholm who is the guy who's

...

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