Michael Batnick

Michael Batnick and Ben Carlson, co-hosts of the Animal Spirits podcast and contributors at Ritholtz Wealth Management, dive into the chaos of the 2022 economy and lay out predictions for 2023. They explore the tumultuous tech sector, discuss the looming possibility of a recession, and analyze how rising mortgage rates might impact the housing market, projecting a potential 10% drop in home prices. With insights on shifting consumer behavior post-COVID and cautious optimism regarding the labor market, they tackle where the economy might head next.

Michael Batnick and Ben Carlson, co-hosts of the Animal Spirits podcast, dissect the unraveling of Silicon Valley Bank and the narratives that followed its collapse. They delve into the blame game directed at the Fed and venture capitalists, while emphasizing systemic issues over individual fault. Their discussion includes parallels with historical banking crises, the influence of small banks on financial stability, and the evolving trust in the economic landscape amid rising inflation and potential recession.

Michael Batnick and Ben Carlson, co-hosts of the Animal Spirits podcast and contributors at Ritholtz Wealth Management, join to dissect the quirky state of the U.S. economy. They explore surprising stock market statistics and the long-term crypto outlook. The duo pulls parallels between past recessions and the current landscape, emphasizing the subtle signs of potential downturns. With rising inflation and interest rates, they ponder the resilience of consumers and the lessons learned from market volatility, all while keeping the tone light and engaging.

Michael Batnick and Ben Carlson, both finance experts and co-hosts of the Animal Spirits podcast, dive deep into the recent surge in inflation rates, marking the highest in 40 years. They dissect how numerous analysts—including the Biden administration and the Federal Reserve—misjudged these economic shifts. The duo highlights 'meatflation' and critiques the blame on processors while unveiling complex factors driving food price hikes. Their engaging discussion also explores corporate pricing strategies and the psychological impacts of inflation on consumer behavior.

Michael Batnick and Ben Carlson, experts in wealth management and asset management respectively, dissect the current economic landscape, focusing on rising prices and labor shortages. They discuss how rapid demand exceeds supply, leading to inflation. The duo highlights the psychological shifts in consumer behavior and impacts on wage growth, particularly for low-income workers. They also explore the political implications of these economic challenges, emphasizing the need for clearer communication from the Biden administration to address public concerns.