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Animal Spirits Podcast

The Compound
Investment Strategies
Stock Market
Inflation
Tariffs
Artificial Intelligence
Private Credit
S&P 500
Investing
Bitcoin
Ritholtz Wealth Management
China
Housing Market
Fixed Income
Interest Rates
Cryptocurrency
Private Equity
NASDAQ 100
Bond Market
Etfs
Consumer Spending

Animal Spirits is a show about markets, life, and investing. Join Michael Batnick and Ben Carlson as they talk about what they're reading, writing, listening to and watching. Look for new episodes every Wednesday morning. See our disclosures here - ritholtzwealth.com/podcast-youtube-disclosures/

PublishesTwice weeklyEpisodes794Founded9 years ago
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Latest Episodes

On episode 468 of Animal Spirits, ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Michael Batnick⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Ben Carlson⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ discuss: NBA Finals ticket price... more

On this episode of Animal Spirits: Talk Your Book, ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Michael Batnick⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Ben Carlson⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠... more

On episode 467 of Animal Spirits, ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Michael Batnick⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Ben Carlson⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ discuss: peak FOMO, chip stocks goin... more

YouTube

On this episode of Animal Spirits: Talk Your Book, ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Michael Batnick⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Ben Carlson⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠... more

Key Facts

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Recent Guests

Derek Yan
Senior Investment Strategist at KraneShares
KraneShares
Episode: Talk Your Book: Investing in the Rise of the Robots
Mark Merrick
Global Head of Index Insights, Nasdaq
Nasdaq
Episode: Talk Your Book: Is the Nasdaq 100 in Another Bubble?
Michael Laughlin
Executive Director and ETF Client Product Specialist
Janus Henderson Investors
Episode: Talk Your Book: Investing in Securitization
Alex Morris
Alex Morris from EthnInvestments
EthnInvestments
Episode: Talk Your Book: Animal Spirits Live with F/m Investments
Matt Kaufman
Representative from Calimos/Calomos discussing growth notes and memory features
Calimos/Calomos
Episode: Talk Your Book: Juicing Your Returns
Hamilton Reiner
From JPMorgan Asset Management
JPMorgan Asset Management
Episode: Talk Your Book: The Biggest Active ETF
Kevin Lynyak
Managing Director at Morgan Stanley
Morgan Stanley
Episode: Talk Your Book: Income and Momentum
Stephanie Larosiliere
Head of business strategy and development
Invesco
Episode: Talk Your Book: Navigating Fixed Income in a Crazy World
Krista Lynch
Senior Vice President, ETF Capital Markets at Grayscale
Grayscale
Episode: Talk Your Book: What's the Latest in Crypto?

Hosts

Michael Batnick
Host of Animal Spirits and regular co-host; frequently discusses markets, life, and investing.
Ben Carlson
Co-host focusing on markets, investing, and wealth management topics.

Reviews

4.7 out of 5 stars from 3.7k ratings
  • Incredible Investing Pod

    These guys are the perfect mix of informational and entertaining. With weekly finance discussion, it’s hard to find pods that keep topics fresh. This is the pod you’re looking for, I promise.

    Apple Podcasts
    5
    nuffsbeensaid
    United States2 months ago
  • Too much bla, bla, bla

    Not much content. Just nothing.

    Apple Podcasts
    1
    Edxs
    Canada5 months ago
  • Text billionaires

    Ben talking about his wife, laughing at him through his misfortune with his cactus adventure. I thought my wife was the only one that laughed at me from my misfortune. Must be a wife thing.

    Apple Podcasts
    5
    R Orosz
    United States5 months ago
  • High recommend !

    I think I’ve listed to every episode (not to brag ) - these guys make my commute fun !!

    Apple Podcasts
    5
    Todd Victor
    United States6 months ago
  • love it

    This show is wonderful.

    Apple Podcasts
    5
    SJfromUSA
    United States8 months ago

Listeners Say

Key themes from listener reviews, highlighting what works and what could be improved about the show.

Overall, episodes are considered insightful with occasional controversial moments.
Some critique the show for political takes or long tangents.
Listeners appreciate the balance of market analysis and personal finance banter.

Chart Rankings

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Talking Points

Recent interactions between the hosts and their guests.

Talk Your Book: Is the Nasdaq 100 in Another Bubble?
Q: Why is the Nasdaq 100 not simply a replay of the 1999 bubble, despite similar headlines?
Because today's index benefits from stronger earnings growth, higher net margins in the top names, and a market structure that supports rapid scaling and inclusion for high-growth tech leaders, which creates a fundamentally different risk/return profile than in 1999.
Talk Your Book: Is the Nasdaq 100 in Another Bubble?
Q: What are the key changes Nasdaq has implemented to make the Nasdaq 100 more reactive to the market?
We moved to a quarterly re-ranking with a fast-entry pathway for the top 40 largest constituents, and we adjusted float requirements to allow more flexible inclusion as companies grow, while keeping liquidity and weight integrity.
Talk Your Book: Investing in Securitization
Q: How does JAAA differ from owning a bank loan ETF?
With JAAA, you own the AAA bond of a CLO rather than the loan itself; the structure creates a waterfall where higher tranches are paid first, and you gain protection from subordination, which reduces downside risk while delivering attractive yields.
Talk Your Book: Investing in Securitization
Q: What is a CLO and why do investors accept a spread over corporates?
A CLO is a pool of senior secured bank loans securitized into tranches, with the AAA tranche providing credit quality through over-collateralization and subordination; the higher yield reflects the complexity, modeling, and the relatively illiquid, less benchmarked nature of CLOs compared with traditional corporate bonds.
Talk Your Book: Navigating Fixed Income in a Crazy World
Q: Tell us about the fixed income team and how to learn more about your funds.
Stephanie introduces Invesco's global fixed income team of over 200 professionals and directs listeners to invesco.com for more information and to talk to financial advisors about their products.

Audience Metrics

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Frequently Asked Questions About Animal Spirits Podcast

What is Animal Spirits Podcast about and what kind of topics does it cover?

Two seasoned market voices discuss investing, macro dynamics, and everyday life with a light, banter-heavy approach. Episodes frequently cover stocks, ETFs, AI-driven disruption, and personal finance anecdotes, often weaving sponsor reads and practical tools for advisors. The show's mix of rigorous market talk and relatable storytelling, plus recurring live/offsite episodes and diverse guest appearances, makes it a go-to for listeners who want approachable yet data-informed perspectives on investing and wealth management.

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How many listeners does Animal Spirits Podcast get?

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Which podcasts are similar to Animal Spirits Podcast?

These podcasts share a similar audience with Animal Spirits Podcast:

1. Ask The Compound
2. The Compound and Friends
3. Talking Wealth
4. Facts vs Feelings with Ryan Detrick & Sonu Varghese
5. The Meb Faber Show - Better Investing

How many episodes of Animal Spirits Podcast are there?

Animal Spirits Podcast launched 9 years ago and published 794 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

How do I contact Animal Spirits Podcast?

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What guests have appeared on Animal Spirits Podcast?

Recent guests on Animal Spirits Podcast include:

1. Derek Yan
2. Mark Merrick
3. Michael Laughlin
4. Alex Morris
5. Matt Kaufman
6. Hamilton Reiner
7. Kevin Lynyak
8. Stephanie Larosiliere

To view more recent guests and their details, simply upgrade your Rephonic account. You'll also get access to a typical guest profile to help you decide if the show is worth pitching.

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