A Bubble is Coming (EP. 416)

157 snips

Jun 11, 2025

The hosts dive into the intriguing concept of the 'reverse flex,' where the wealthy choose subtle displays of affluence. They also explore the potential for a new market bubble fueled by AI advancements and discuss the transformative impact of retail investors on market dynamics. The conversation touches on the Federal Reserve's interest rate strategies and examines the nuances of private markets alongside personal anecdotes about hidden travel costs. Finally, they reflect on nostalgic '90s cinema, blending humor with serious financial discussions.

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INSIGHT

2025's Unique Market Environment

The current market environment in 2025 is the most interesting investing setting Michael Batnick has ever experienced.
Major factors include tariffs, AI industrial revolution, retail investor rise, and shifts in Federal Reserve policy.

INSIGHT

Record 401(k) Savings Rate

Workers are saving a record share in 401(k) plans, averaging 14.3% contributions this year.
This high savings rate is a positive development for retirement planning trends.

INSIGHT

Advocating Tax Breaks for Investing

Larry Fink advocates for more tax breaks to encourage retirement investing.
Proposals include automatic $1,000 investments for newborns in stock market index funds.

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On episode 416 of Animal Spirits, ⁠⁠⁠⁠⁠Michael Batnick⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠Ben Carlson⁠⁠⁠⁠⁠ discuss the stock market bet of the century, the most interesting market environment ever, positive trends in retirement saving, Europe is outperforming, downturns might be different now, the Fed should cut rates, how to invest in AI, crypto is Tradfi now, private market scrutiny, the most 1990s movie ever and much more!

This episode is sponsored by T. Rowe Price. Learn more at: ⁠https://www.troweprice.com/exploreetfs⁠

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 ⁠⁠⁠⁠⁠animalspirits@thecompoundnews.com⁠⁠⁠⁠⁠ 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.

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⁠⁠⁠⁠⁠https://ritholtzwealth.com/podcast-youtube-disclosures/

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