meta_pixel
Tapesearch Logo
Log in
Animal Spirits Podcast

Trickle Up Economics (EP.163)

Animal Spirits Podcast

The Compound

Investing, Business News, News, Business

4.72.1K Ratings

🗓️ 26 August 2020

⏱️ 49 minutes

🧾️ Download transcript

Summary

On this week's show we discuss the potential for a spending boom when the pandemic is over, what happens to all of the government debt we're racking up, what happened to the middle class in America, the red hot housing market, a tough fall ahead for students and parents 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

Click on a timestamp to play from that location

0:00.0

The number one question that we get from listeners is, what do I do with my cash or what were my bonds?

0:07.0

I want to stay liquid, but I still want to earn something on my money.

0:10.0

Last week, Ben and I talked about how 80% of all outstanding bonds yield less than 1%.

0:17.0

And understandably so, investors are looking for other options.

0:21.0

And that's where Masterworks comes in. Masterworks lets you invest in

0:23.7

shares of Blue Chip art from artists like Banksy, Warhol, and Cause. They buy art at

0:28.6

auction, qualify the paintings with the SEC and take them public through a reggae offering. They even have an

0:34.2

active secondary trading market so if you need liquidity you can sell your shares

0:37.8

after you invest. We interviewed Masterworks CEO Scotland in April if you want to

0:42.0

go back and check that out.

0:43.0

If you're looking for an alternative asset class with a long history of uncorrelated returns,

0:47.0

go to masterworks. I.o and enter promo code animal to skip their 15,000 person wait list today.

0:53.0

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

0:58.0

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

1:04.0

Michael Batnik and Ben Carlson work for Ritholz's wealth management.

1:08.0

All opinions expressed by Michael and Ben or any podcast guests are solely their own opinions and do not reflect the opinion of

1:14.2

Ritt Holt's wealth management.

1:15.6

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

1:20.7

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

1:23.7

discussed in this podcast. Welcome to Animal Spirits with Michael and Ben. One of

1:29.4

the unintended consequences of all the stimulus and the CARES Act that we've gotten over the past few months is this huge surge in personal savings.

1:39.0

So I'm going to make a case for cash on the sidelines for a potential boom post-Covid world. I think it's really getting

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from The Compound, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Compound and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.