Winners and Losers From the Stock Market Rally (EP.412)

Animal Spirits Podcast

The Compound

News, Business News, Business, Investing

4.8 • 2K Ratings

🗓️ 14 May 2025

⏱️ 66 minutes

🔗️ Recording | iTunes | RSS

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Summary

On episode 412 of Animal Spirits, ⁠⁠Michael Batnick⁠⁠ and ⁠⁠Ben Carlson⁠⁠ discuss the China trade deal, retail was right, Wall Street was wrong, price vs. sentiment, markets saved us from a recession, record stock buybacks, 4-to-1 leverage and private equity in your 401k, Michael's real estate deals and more! This episode is sponsored by STF Management. Visit: https://stfm.com/ to learn more. Sign up for The Compound newsletter and never miss out: ⁠⁠thecompoundnews.com/subscribe⁠⁠ 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. 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. The Compound Media, Incorporated, 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 STF management.
0:04.2	They have two different funds, Tug, Tug, Tug N, which is sister fund, which just reached three-year track record in May.
0:12.5	Tugin, yeah, you're always trying to find it with these ETFs.
0:15.6	So it's a combination of option overlay strategy, so you get the income from the options, which we've talked about on the show before, but also their tactical growth and income fund, that's the TugN,
0:25.5	also employs a tactical approach, which uses rules-based trend-fowing rules. So goes from
0:31.5	stocks to bonds when the rules turn negative, when the market trend turns negative. Not bad. So
0:36.6	Tug-N provides the same
0:38.3	core exposure investors already own while supporting a monthly distribution from options overlay.
0:42.6	So you get income and tactical. Paid consecutive monthly distributions of roughly 1% per month
0:47.3	currently has a 13.1% trailing yield as of 43025. Do all of your own research, due diligence, obviously. Learn more at
0:56.7	STFM.com. Welcome to Animal Spirits, a show about markets, life, and investing. Join Michael
1:07.8	Batnik and Ben Carlson as they talk about what they're reading, writing, and watching.
1:12.5	All opinions expressed by Michael and Ben are solely their own opinion and do not reflect the opinion of Ridholt's wealth management.
1:18.8	This podcast is for informational purposes only and should not be relied upon for any investment decisions.
1:24.6	Clients of Ridholt's wealth management may maintain positions in the securities discussed in this
1:28.7	podcast.
1:32.8	Welcome to Animal Spirits with Michael and Ben.
1:35.4	Ben, I live in the Northeast and I've got four seasons.
1:39.3	The weather's not great for about, depending on the year, seven months out of the year.
1:44.5	It's called it like October to March-ish.
1:47.1	Five months, seven months depending.
1:49.4	You're in the same boat, maybe even worse than I am.
	...

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