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Animal Spirits Podcast

The Panic of 2023 (EP.299)

Animal Spirits Podcast

The Compound

Business News, News, Investing, Business

4.7 • 2.1K Ratings

šŸ—“ļø 15 March 2023

ā±ļø 50 minutes

šŸ§¾ļø Download transcript

Summary

On today's show we discuss Silicon Valley Bank, the psychology of bank runs, how the Fed broke stuff, FDIC insurance, why the banking industry is forever changed, tech is the new Wall Street, why the bank crisis could be bullish for the stock market and much more. Ā  Find complete shownotes on our blogs...Ā  Ben Carlson’sĀ A Wealth of Common SenseĀ  Michael Batnick’sĀ The Irrelevant InvestorĀ  Like us onĀ FacebookĀ  And feel free to shoot us an email at animalspiritspod@gmail.com with any feedback, questions, recommendations, or ideas for future topics of conversation.Ā  Ā  Ā  (Wealthcast Media, an affiliate of Ritholtz Wealth Management, received compensation from the sponsor of this advertisement. 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. 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.)Ā  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 InvescoQQQQ.

0:04.3

What do all the greatest innovators have in common, Michael?

0:06.4

Blockchain?

0:07.4

Agents, people who help shape the future by supporting cutting edge ideas.

0:11.4

InvescoQQQ, also known as a queues, is a fun that allows you access to innovators

0:15.9

of the Nasdaq 100, all in one fund, so you don't have to be an inventor to help create

0:19.6

what's coming next.

0:20.6

Anyone can become an agent of innovation with InvescoQQQ, learn more at Invesco.com slash

0:25.6

QQQQ.

0:27.6

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

0:32.3

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

0:36.9

and watching.

0:38.5

Michael Batnik and Ben Carlson work for Ritholds' Wealth Management.

0:42.1

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

0:46.0

opinions and do not reflect the opinion of Ritholds' Wealth Management.

0:49.4

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

0:53.6

decisions.

0:54.6

Clients of Ritholds' Wealth Management may maintain positions in the securities discussed

0:58.0

in this podcast.

0:59.9

Welcome to Animal Spirits with Mike and Ben before we get into it.

1:03.4

Michael, we have to do some promotion.

1:06.4

Next week, March 23rd.

...

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