The Most Crowded Trade on Wall Street (EP.339)

Animal Spirits Podcast

The Compound

News, Business News, Business, Investing

4.8 • 2K Ratings

🗓️ 20 December 2023

⏱️ 76 minutes

🔗️ Recording | iTunes | RSS

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Summary

On episode 339 of Animal Spirits, Michael Batnick and Ben Carlson discuss: mission accomplished from the Fed, what comes after a soft landing, new highs in the stock market, small caps breaking out, the best thing we've built in America, more people own stocks than ever, the economic chart of the year, the best movie of the 2020s (so far), and much more! Thanks to AllianceBernstein and the College for Financial Planning—a Kaplan Company—for sponsoring this episode! To learn more about the AllianceBernstein Conservative Buffer ETF, visit: https://www.alliancebernstein.com/us/en-us/investments/etfs.html For more on the College for Financial Planning's Accredited Behavioral Finance Professional (ABFP) program visit: https://www.kaplanfinancial.com/wealth-management/abfp 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 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/ Investing in securities involves risk and there is no guarantee of principal. Investors should consider the investment objectives, risks, charges, and expenses of the Fund/Portfolio carefully before investing. For copies of our prospectus or summary prospectus, which contain this and other information, visit us online at www.alliancebernstein.com or contact your AB representative. Please read the prospectus and/or summary prospectus carefully before investing. Buffered ETF Risk: There can be no guarantee that the Fund will be successful in its strategy to buffer against Underlying ETF price declines. A Buffered ETF must be held for the entire buffer period in order to realize the full benefit of the upside/downside caps.BUFC is distributed by Foreside Fund Services, LLC. Foreside is not affiliated with AB. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Many investors have seen that diversifying across stocks and bonds alone may not be enough to help safeguard assets.
0:06.2	The Alliance Bernstein conservative buffer ETF ticker BUFC seeks to tackle that problem.
0:12.4	BUFC is designed to help manage downside risk more precisely,
0:16.0	which may help investors mitigate the pain of sell-offs
0:18.0	without giving up the opportunity to grow your investment when markets rally.
0:23.0	Visit AB Funds.com
0:25.0	slash go slash ETFs to learn more.
0:27.0	That's AB Funds.
0:28.0	dot com slash go slash ETS
0:31.0	Today's animal spirits is also brought to you by the College for Financial Planning.
0:35.7	Michael Emotions investing go hand in hand for advisors a special...
0:40.5	Advisors especially know this.
0:41.6	I'm steady Eddie. I don't get I don't get too excited
0:44.4	I just kidding. Yeah only in your paper account. So I did this post this week
0:49.7	about how if you stayed the course good on you kudos were saying the course because of all the
0:54.9	stuff that we've been through the pandemic in a bubble in a crash in a bear market in
1:00.1	the 6040 and all this stuff. You know the shock.
1:03.2	Yeah, there's a lot of stuff we went through and I think especially, I think advisors especially
1:08.6	understand that a lot of that helping people say the course is managing those emotions.
1:13.8	So according to College for Financial Planning,
1:15.7	there was a study done that said 40% of the value
1:17.7	an advisor provides for the clients is emotional,
	...

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