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Animal Spirits Podcast

The Compound
Investment Strategies
Stock Market
Inflation
Artificial Intelligence
Tariffs
Private Credit
S&P 500
Investing
Bitcoin
China
Housing Market
Cryptocurrency
Ritholtz Wealth Management
Interest Rates
Fixed Income
Bond Market
Private Equity
Nasdaq 100
International Stocks
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 weeklyEpisodes809Founded9 years ago
Number of ListenersCategories
InvestingBusinessBusiness NewsNews

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Latest Episodes

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

On episode 476, Michael Batnick and Ben Carlson discuss: a crazy month in the stock market, Situational Awareness, leverage always gets you, the semiconductor crash, 60/40 will never die, the behavior gap lives, One Wish Willow for the economy, a the... more

YouTube

On episode 475, Michael Batnick and Ben Carlson discuss: a good sign for the bull market, semoconductor stocks crashing, why valuations keep falling, everyone is bearish about bonds, South Korea traders, how big SpaceX could get, why people keep spen... more

YouTube

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

Key Facts

Accepts Guests
Accepts Sponsors
Contact Information
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Number of Listeners
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Recent Guests

Alona Gornick
Managing Director, Senior Investment Strategist at Churchill Asset Management (Nuveen)
Churchill Asset Management (Nuveen)
Episode: Talk Your Book: Private Credit’s Next Act
Ryan Issakainen
Senior Vice President, ETF Strategist
First Trust
Episode: Talk Your Book: Investing in the Power Grid
Ankur Crawford
Portfolio Manager, Alger Concentrated Equity ETF (CNEQ)
Alger
Episode: Talk Your Book: AI Is Not a Bubble
Eric Fine
Portfolio manager for the VanEck Emerging Markets Bond Strategy
VanEck
Episode: Talk Your Book: The Case for Investing in Emerging Market Bonds
Danielle Singer
Head of wealth management platforms at Invesco
Invesco
Episode: Talk Your Book: Diversification in Private Assets
Ben Linder
Partner at LGT Capital Partners
LGT Capital Partners
Episode: Talk Your Book: Diversification in Private Assets
Ben Barber
Director of the municipal bond department at Franklin Templeton
Franklin Templeton
Episode: Talk Your Book: Why Rising Rates Won't Hurt You Anymore
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?

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
  • June15

    The hosts seemed so UNenthused by the guest . Mayne during a talk about EM bonds you could ask what yield he was getting . Not once was there any figure of yields he got in any time period so me as a listener who is learning got nothing out of this horrible interview

    Apple Podcasts
    3
    RieVa123
    United States2 months ago
  • Throwing out a positive review

    In the end, I trust these guys to make me laugh and learn

    Apple Podcasts
    5
    Cdeal89
    United States2 months ago
  • Munis

    Great interview with Ben Barber. I retired from the muni business and when the topic of bond funds vs individual bonds came up, I don’t think it was addressed completely. Bond funds never mature, you are at the whim of the manager regarding gains and losses and NEVER receive PAR (stated bond value) at maturity for your ownership. When you own the bond, you have the option to buy or sell, at your discretion to take gains or losses based on your tax situation, and have the option to hold to mat... more

    Apple Podcasts
    4
    Kfcswag
    United States2 months ago
  • Only for entertainment

    Like the dynamic duo. It’s good entertainment but i would never trust them my money to manage it (not that they care). If you want more serious investment advice, go somewhere else. One last point, Michael, lately you sound arrogant and are even rude to Ben. Don’t be please.

    Apple Podcasts
    3
    montreal23
    Canada3 months ago
  • 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 States4 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

How this podcast ranks in the Apple Podcasts, Spotify and YouTube charts.

Talking Points

Recent interactions between the hosts and their guests.

Talk Your Book: Is Crypto Dead?
Q: How do Grayscale's products fit into the crypto ecosystem?
Grayscale positions its ETFs and tokenized indices as ways for traditional investors to gain broad crypto exposure, while supporting underlying infrastructure and adoption through education and research platforms like The Stack.
Talk Your Book: Is Crypto Dead?
Q: What is the next catalyst for higher prices?
No single catalyst is guaranteed; likely a combination of buying pressure and continued development in crypto infrastructure, with ETF and tokenized asset progress providing support.
Talk Your Book: Is Crypto Dead?
Q: Is Bitcoin dead?
The hosts and Krista Lynch suggest that Bitcoin is not dead; volatility and cycles persist, and the asset tends to rebound after downturns, driven by macro factors and ongoing infrastructure development.
Talk Your Book: Private Credit’s Next Act
Q: How has the landscape changed since the post-GFC period, especially in terms of capital structure and liquidity?
The guest discusses a shift from drawdown, committed funds to immediately funded capital, the importance of capital availability, and how newer structures influence risk, liquidity, and the ability to withstand stress tests, with emphasis on the role of private equity backing and sponsor alignment.
Talk Your Book: Private Credit’s Next Act
Q: What drew you to the private credit space and Churchill in particular?
The interviewee explains the appeal lies in the relationship-oriented, long-horizon nature of private credit, the ability to partner with sponsor management over multi-year cycles, and a motivation to build durable platforms rather than quick exits, which aligns well with Churchill's approach.

Audience Metrics

Listeners, social reach, demographics and more for this podcast.

Listeners per Episode
Gender Skew
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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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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 809 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on Animal Spirits Podcast?

Recent guests on Animal Spirits Podcast include:

1. Alona Gornick
2. Ryan Issakainen
3. Ankur Crawford
4. Eric Fine
5. Danielle Singer
6. Ben Linder
7. Ben Barber
8. Derek Yan

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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