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Animal Spirits Podcast

The Compound
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Inflation
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Federal Reserve
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S&P 500
Corporate America
Yield Curve Inversion
Housing Market
Behavioral Finance
Ritholtz Wealth Management
Bitcoin
Artificial Intelligence
International Growth Stocks
Regulatory Changes
Alternative Lending
Emotional Investing

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/

PublishesDailyEpisodes734Founded8 years ago
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Latest Episodes

On episode 438 of Animal Spirits, ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Michael Batnick⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Ben Carlson⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ discuss the problem with the K-shaped economy narrative, are young people screwed, the benefits of bubbles, the... more

YouTube

On this episode of Animal Spirits: Talk Your Book, ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Michael Batnick⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Ben Carlson⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ are joined by Jonathan Shelon, Chief Operating Officer at K... more

On this episode of Animal Spirits: Talk Your Book, ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Michael Batnick⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Ben Carlson⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ are joined by Ara Kharazian, Economist at Ramp to discuss: how ... more

YouTube

On episode 437 of Animal Spirits, ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Michael Batnick⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Ben Carlson⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ discuss bad breadth, a historical melt-up in tech stocks, the case against an AI bubble, sequence of return risk, t... more

YouTube

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Recent Guests

Ara Kharazian
Economist at RAMP, focusing on RAMP Economics Lab
RAMP
Episode: Talk Your Book: The Two Biggest Stories of the Year: AI & Tariffs
Heather Boneparth
Co-author of Money Together, financial expert and corporate lawyer
Episode: Talk Your Book: Money and Marriage
Doug Boneparth
Co-author of Money Together, financial expert
Episode: Talk Your Book: Money and Marriage
Gabby Santos
Chief Market Strategist for the Americas at JP Morgan
JP Morgan
Episode: Talk Your Book: JP Morgan's Long-Term Capital Market Assumptions
Lance Humphrey
Head of Portfolio Management at Victory Shares and Victory Capital
Victory Capital
Episode: Talk Your Book: Value + Momentum: The Best of Both Factors
Dave Thornton
Co-founder, CEO, and Chief Investment Officer of Vested
Vested
Episode: Talk Your Book: Investing in Start-Up Equity
Jason Duko
Executive Vice President and Portfolio Manager at PIMCO
PIMCO
Episode: Talk Your Book: Investing in Public and Private Credit
Chris Ward
Portfolio manager at Bridgewater Associates
Bridgewater Associates
Episode: Talk Your Book: Investing in the All Weather Strategy
Graham Day
Chief Investment Officer at Innovator ETFs
Innovator Capital Management
Episode: Talk Your Book: Making Money When Stocks Are Up or Down

Hosts

Michael Batnick
Co-host of a show focusing on markets, life, and investing, Michael shares his insights and experiences in the financial industry.
Ben Carlson
Co-host sharing engaging conversations on markets and investing, with a penchant for relatable life anecdotes.

Reviews

4.8 out of 5 stars from 3.6k ratings
  • love it

    This show is wonderful.

    Apple Podcasts
    5
    SJfromUSA
    United Statesa month ago
  • Be quiet Ben

    Ben is ruining the show with negativity and politics lately. I would tamp down on that. Don’t ruin a great show that has been working for you.

    Apple Podcasts
    1
    Theguyinchi73
    United Statesa month ago
  • Great convos but you’ll hear some political jabs

    I love the market and life conversations, but Ben has major TDS. It’s his show, he can say what he wants, but the subtle jabs at Trump can be a little annoying. Won’t stop me from listening though I like the chemistry.

    Apple Podcasts
    3
    Griffin York
    United States3 months ago
  • Best of the Best

    Love this show. Always hitting the market topics while looping in life experiences. Dynamic between the two is great. Must listen every week.

    Apple Podcasts
    5
    SrButch5
    United States3 months ago
  • Just talk

    These guys are good talkers but don’t really understand the markets beyond level 1. Wouldn’t trust their money management.

    Apple Podcasts
    2
    HSColt
    United States4 months ago

Listeners Say

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

Ratings reflect a mix of loyalty coupled with frustration over certain episodes deviating from market-focused content, yet many love the banter and personal anecdotes shared by the hosts.
Critics express concerns over political commentary overshadowing financial discussions, with some suggesting a return to more straightforward market talks.
Listeners appreciate the insightful conversations about markets and life, highlighting the engaging chemistry between the hosts.

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: Public & Private Opportunities in AI
Q: What is the process for determining the fair value of private companies within the ETF?
The fair value is determined by observing secondary market prices, as well as qualitative assessments based on news flow, filings, and other market indicators.
Talk Your Book: The Two Biggest Stories of the Year: AI & Tariffs
Q: Why are tariffs not having the immediate impact expected?
The implementation of tariffs is gradual and influenced by multiple factors, including existing trade agreements and the complexities of international supply chains.
Talk Your Book: The Two Biggest Stories of the Year: AI & Tariffs
Q: What is the data from the Ramp AI Index indicating?
Businesses are increasingly investing in AI, and retention rates for AI tools are on the rise, suggesting that AI technology is providing value and driving productivity.
Talk Your Book: JP Morgan's Long-Term Capital Market Assumptions
Q: What would cause your forecast to be the most wrong here?
Gabby highlights the risk of underestimating the impact of tech adoption on productivity and margins and the possibility of being conservative regarding risk premiums on long-term bonds.
Talk Your Book: JP Morgan's Long-Term Capital Market Assumptions
Q: How do you go about setting these forecasts with the understanding that we don't know what's going to come next?
Gabby explains that the forecasts are built on a framework that incorporates long-term forces, historical data, and current market conditions, recognizing the inherent uncertainty in predictions.

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?

Conversations revolve around the intersections of markets, investing, and everyday life, integrating personal anecdotes and broader economic commentary. Engaging topics include market trends, wealth distribution, and practical investment strategies. The hosts often feature discussions with industry experts on themes such as behavioral finance, innovative investment products, and insights into current economic challenges. Unique to this show is its blend of market analysis with personal storytelling, fostering a relatable atmosphere for listeners seeking both knowledge and entertainment.

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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. Facts vs Feelings with Ryan Detrick & Sonu Varghese
4. RiskReversal Pod
5. The Meb Faber Show - Better Investing

How many episodes of Animal Spirits Podcast are there?

Animal Spirits Podcast launched 8 years ago and published 734 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. Ara Kharazian
2. Heather Boneparth
3. Doug Boneparth
4. Gabby Santos
5. Lance Humphrey
6. Dave Thornton
7. Jason Duko
8. Chris Ward

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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