Animal Spirits Podcast

On today's show we spoke with Allen Bond from Jensen Investment Management about finding high quality growth stocks and investing during a bear market.   Find complete shownotes on our blogs...  Ben Carlson’s A Wealth of Common Sense  Michael Batnick’s The Irrelevant Investor  Like us on Facebook  And feel free to shoot us an email at animalspiritspod@gmail.com with any feedback, questions, recommendations, or ideas for future topics of conversation.  Learn more about your ad choices. Visit megaphone.fm/adchoices

In this discussion, the hosts tackle the idea that a recession might already be upon us while unpacking the absurdity of living paycheck to paycheck on a $250k salary. They delve into why the stock market feels oddly stable despite grim expectations and share insights on the crypto market's tendencies to thrive in bullish conditions. The cultural impact of blockbusters like "Top Gun: Maverick" is compared against the decline in living standards, leading to reflections on entertainment and economic realities.

Don Casturo, Founder and CIO at Quantix Commodities, brings his expertise in commodity markets to discuss effective hedging strategies against inflation. He analyzes the lasting impact of government spending amidst recession risks and decarbonization efforts affecting oil production. The conversation also covers the complexities of inflation dynamics, the performance of various commodities, and investment challenges in this environment. With a focus on diversification, Casturo emphasizes the necessity for specialized knowledge in navigating the current inflationary landscape.

The hosts dive into the implications of rising oil prices and their impact on the economy. They emphasize the importance of the housing market over the stock market. The conversation takes a positive turn as they explore recent good news about the U.S. economy. Nostalgia strikes as they reflect on the new 'Top Gun' film amidst discussions on investment trends and the effects of student loan forgiveness. Personal stories add depth to the narrative on diversification and risk in investment strategies.

The hosts dive into the housing market's current woes, discussing inventory surplus and private market slowdowns. They highlight the challenges of a bear market, contrasting value and growth investments in light of rising borrowing costs. Investor behavior is scrutinized amid high inflation impacting consumer sentiment. The shifting landscape of venture capital is explored, revealing a drop in private investments. They also touch on the revival of travel and services, alongside nostalgic movie recommendations, adding a fun twist to the economic discourse.

Joining the discussion is Henry Yoshida, a retirement planning expert from RocketDollar. They tackle listener questions covering Roth IRAs, budgeting for home improvements, and the best strategies for balancing investments and mortgage payments. Yoshida offers insights into retirement investment options, the benefits of tax efficiency, and how to navigate the complexities of the housing market. The conversation also dives into managing individual stock investments versus index funds, making it a treasure trove of financial wisdom for listeners.

The discussion kicks off with insights into the current confusing market landscape, emphasizing the challenges of managing client expectations in bear markets. The hosts reflect on the indicators of a speculative peak and how Federal Reserve policies shape economic behavior. Personal anecdotes reveal psychological hurdles during downturns. There's a fascinating exploration of gasoline consumption trends and the surprising impacts on economies. The conversation wraps up with commentary on sports broadcasting and entertainment's influence on viewer engagement.

The conversation dives into the global shift from fossil fuels to electric vehicles, sparking potential commodities super cycles. Roger Mortimer tackles the complexities of electric vehicle infrastructure and the implications for the oil and gas industry. Thought-provoking discussions unfold on investment opportunities in renewable energy and the importance of clean energy technologies. High fuel prices in California also take center stage as a catalyst for change. The episode encourages a re-evaluation of traditional investment metrics in light of carbon transformation.

Dive into the world of structured products and defined outcome investing with insights from Jason Barsema. Explore how these unique investment vehicles can yield higher returns in a tricky interest rate landscape. Discover the advantages of structured notes as alternatives during market volatility, along with their risk-reward dynamics. Learn about the impact of rising interest rates on pricing and how customizable strategies can protect and generate income, making them appealing for retirement planning.

The podcast dives into the troubling landscape of the stock market, discussing the severe downturn in growth stocks and the emotional strain on investors. It highlights the failure of bonds to provide traditional safety and critiques the Federal Reserve's handling of current challenges. The conversation shifts to the housing market, exploring how rising interest rates are impacting affordability and the hurdles young buyers face. They also touch on trends in tech companies and the importance of diversification in uncertain times.