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Animal Spirits Podcast

Latest episodes

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Oct 23, 2023 • 31min

Talk Your Book: Equities With Guardrails

Hamilton Reiner, MD, PM, and Head of US Equity Derivatives at J.P. Morgan Asset Management discusses topics such as hedging ladders for downside protection, the HELO ETF, hedged equity strategies vs traditional portfolios, impact of volatility on the strategy, and risks of investing in equities and ELNs.
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Oct 21, 2023 • 42min

Talk Your Book: The State of Venture Capital

Samir Kaji, CEO of Allocate, discusses the state of venture capital and market corrections, financial differences between venture capital and private equity, changing dynamics between VCs and founders, the dot-com boom and cryptocurrency hype, and the role of venture capital in asset allocation strategies.
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Oct 18, 2023 • 1h 6min

Does Government Debt Matter? (EP.330)

In this podcast, Michael Batnick and Ben Carlson discuss various topics including inflation, the strength of the US consumer, investing for a sea change, risk-reward in bonds, the impact of government debt, EMH in crypto, the worst-case scenario for the housing market, and more.
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Oct 16, 2023 • 32min

Talk Your Book: The All-In-One Home Equity Loan

In this podcast, Jason Anderson, Regional Vice President of Northpointe Bank, joins Michael and Ben to discuss the All-In-One Loan, the dangers of financial engineering, and how interest rates affect home equity lines of credit. They also explore the concept of home equity as a margin of safety and introduce the unique banking product offered by Northpointe Bank that combines a home equity line of credit with a bank account. The all-in-one loan, a creative mortgage product known as an offset mortgage, is explained in detail and its benefits in today's market with high interest rates are highlighted. The changes in loan departments due to home equity loan activity and refinancing, including the uncertainty of the industry and potential for a recession, are also explored.
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Oct 11, 2023 • 1h 7min

The Worst Bear Market Ever (EP.329)

The podcast discusses rising long-term bond yields, the worst bond market sell-off in history, the strength of the labor market, boomers' impact on the economy, a Michael Lewis book review, millennials' retirement preparation, and more!
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Oct 9, 2023 • 36min

Talk Your Book: Investing in Music

Guest David Schulhof, Founder and CEO of MUSQ, discusses the MUSQ ETF, undervaluation of the music industry, Taylor Swift's impact, AI and blockchain in music, and more!
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Oct 4, 2023 • 59min

Yolo Spenders (EP.328)

Speakers discuss rising treasury yields and the bond market, tech stocks, mortgage rates, and housing affordability. They also cover the decline in utilities, concerns about investor returns, and companies' layoffs. Additionally, they analyze cryptocurrency ownership in America and discuss changing preferences in food and surprising car sightings.
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Oct 2, 2023 • 37min

Talk Your Book: Compounding Machine

Eric Crittenden, CIO of Standpoint Asset Management, discusses trend following, understanding investor needs vs. wants, benefits of mutual fund wrapper vs. ETF, and the performance and drawdown numbers of an all-weather portfolio.
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Sep 27, 2023 • 1h 5min

House Poor (EP.327)

Topics discussed include housing bubbles, outperforming the market, gambling vs. day trading, NFT worthlessness, soft landings in the economy, declining housing prices, declining bullish sentiment, fluctuating gas prices, and nostalgia for 80s TV shows and movies.
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Sep 25, 2023 • 32min

Talk Your Book: Where Leverage Comes From

Ed Egilinsky, Head of Alternatives at Direxion, discusses topics such as leverage in ETFs, not holding leveraged ETFs long-term, investing in China, using ETF flows as a trading signal, Direxion's tactical commodity ETF, and diversifying Nasdaq exposure with equal weight ETFs.

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