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Animal Spirits Podcast

The Only Game in Town (EP.308)

Animal Spirits Podcast

The Compound

Investing, Business, News, Business News

4.72.1K Ratings

🗓️ 17 May 2023

⏱️ 59 minutes

🧾️ Download transcript

Summary

On today's show we discuss debt ceiling drama, the best long-term investment, money market funds, catching a falling knife, 24 hour trading, why workers are happier than ever, the greatest wealth transfer in history, why wealth inequality will get worse, the best new movie we've seen in a long time and much more. Thanks to Global X ETFs for sponsoring this episode. To learn more about their thematic strategies, visit: https://go.globalxetfs.com/l/750543/2023-05-02/8y4fqmFind 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 show is brought to you by GlobalX.

0:02.6

GlobalX ETFs just founded in 2008.

0:06.1

But remember that book that we almost wrote

0:08.5

about things that were founded during the crisis?

0:11.0

Oh yeah, things that rose from the ashes, right?

0:13.8

Something like that.

0:14.6

Well anyway, GlobalX is one of them founded in a recession

0:17.9

and a bad one at that.

0:19.4

If the events of the last few years have taught us anything,

0:22.5

it's that we live in a world of accelerating change

0:27.0

and from AI to clean energy, GlobalX,

0:30.2

known for their thematics, offers a range of more than 30,

0:32.8

forward-leaning thematic strategies,

0:35.3

to learn more about their research-driven approach

0:37.8

to thematic investing, go to globalxetf.com slash insights.

0:45.9

Welcome to Animal Spirits, a show about markets, life,

0:48.9

and investing.

0:49.8

Join Michael Batnik and Ben Carlson

0:51.8

as they talk about what they're reading, writing, and watching.

0:55.0

All opinions expressed by Michael and Ben

0:56.9

are solely their own opinion and do not reflect

0:59.2

the opinion of Redholtz Wealth Management.

...

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