Why Housing Prices Are So Expensive (EP.313)

Animal Spirits Podcast

The Compound

Business News, News, Investing, Business

4.7 • 2.1K Ratings

🗓️ 21 June 2023

⏱️ 57 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

On episode 313 of Animal Spirits, Michael Batnick and Ben Carlson discuss investor behavior in a bull market, how boomers fell in love with stocks, how the unemployment rate impacts stock market returns, why Americans love spending money so much, why down payments for houses are falling, how credit cards ruined the airport lounge, and much more! This episode is sponsored by JPMorgan. To learn more about the JPMorgan Nasdaq Equity Premium Income ETF (JEPQ), visit: https://am.jpmorgan.com/us/en/asset-management/adv/products/jpmorgan-nasdaq-equity-premium-income-etf-etf-shares-46654q203?utm_source=jpmam-crossdigital-awealthofcommonsense&utm_medium=con-animalspiritspodcast&utm_campaign=us-en-exchange-awa&utm_content=txt-etfjepq-jepqpdp-v1 Find 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 animal spirits is brought to you by JP Morgan.
0:03.2	Check out the JP Morgan Nasak equity premium income ETF ticker JEPQ.
0:08.8	It's an active ETF that seeks to deliver monthly distributed income and Nasak 100 exposure
0:13.6	with less volatility. So this is a covered call strategy we've talked about in the past.
0:17.4	Unique, low cost. Would you say it's the sister to Jepi?
0:21.9	I think so. Yes. It's the Nasak one. Yes. So income, diversified equity solution,
0:27.9	credit replacement, they say. So they're targeting a nine to 11% annual income
0:32.1	consisting of dividends than option premium. I'm guessing most of that is option premium.
0:35.8	They pay out all the income on a monthly basis. So if someone who's looking for income
0:39.6	or retiree, maybe that seems to make a lot of sense. We haven't talked about coming up with them.
0:43.5	Well, we'll we'll we'll dive. You have questions? One of our most requested
0:48.8	funds that we've seen. So check out more to learn more of the link in the description.
0:53.2	Remember, always understand the risk or before you invest in anything and go to jpmorgan.com
0:57.9	to learn more. Welcome to Animal Spirits, a show about markets, life and investing.
1:05.2	Join Michael Batnik and Ben Carlson as they talk about what they're reading, writing, and watching.
1:10.4	All opinions expressed by Michael and Ben are solely their own opinion and do not reflect
1:14.5	the opinion of Redholz wealth management. This podcast is for informational purposes only
1:19.2	and should not be relied upon for any investment decisions. Clients of Redholz wealth management
1:24.0	may maintain positions in the securities discussed in this podcast.
1:30.9	Welcome to Animal Spirits with Michael and Ben. Ben, it's good to see your face.
1:34.8	Thank you. You too. You're welcome. How was your father's day? Same.
1:38.7	How did you sleep? Good. I got it. The one different thing I got to sleep in and then
	...

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