A Key Market Signal (EP.395)

96 snips

Jan 15, 2025

Recent wildfires in California have devastated homes and lives, raising questions about the importance of home ownership for financial stability. The hosts dive into market trends, including the rise of quantum computing stocks and the volatility of tech giants. They also reflect on the emotional impacts of gambling and the nostalgia for simpler times, while touching on societal changes influenced by technology. A humorous look at Jerry Springer adds a dash of entertainment to a thought-provoking discussion on wealth and well-being.

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ANECDOTE

California Wildfires

The hosts discuss the devastating California wildfires and their impact.
They share stories from colleagues and clients affected by the fires.

INSIGHT

Homes as Financial Assets

Homes represent the most significant financial asset for the middle class.
Homeownership is more concentrated among the middle class than stock ownership.

INSIGHT

California Insurance Issues

California's insurance regulations require government approval for premium increases.
This has led to insurers leaving the market and many homeowners lacking adequate coverage.

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On episode 395 of Animal Spirits, Michael Batnick and Ben Carlson discuss: the devastating fires in LA, why homes are the most important financial asset for the middle class, a roundtrip in stocks since the election, why rates are rising, nitpicking the economy, Howard Marks is on bubble watch, quantum computing stocks, the anti-social century, Jerry Springer, and much more.

This episode is sponsored by YCharts and Fabric by Gerber Life.

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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.

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