We're sunsetting PodQuest on 2025-07-28. Thank you for your support!
Export Podcast Subscriptions
cover of episode Time to Get Bearish? (EP.401)

Time to Get Bearish? (EP.401)

2025/2/26
logo of podcast Animal Spirits Podcast

Animal Spirits Podcast

AI Deep Dive AI Chapters Transcript
People
B
Ben Carlson
一位专注于投资教育和策略的金融专家,通过博客和播客分享投资见解。
M
Michael Batnick
作为 Ritholtz Wealth Management 的管理合伙人和研究总监,Michael Batnick 是一位知名的投资专家和播客主持人。
Topics
Michael Batnick: 我认为市场出现了一些裂痕,预示着经济可能放缓。虽然标准普尔500指数仅略低于历史高点,但一些经济指标,如工业生产、房地产市场和消费者信心等,都显示出经济增长正在放缓的迹象。此外,一些经济学家也开始对经济前景持谨慎态度。我认为,鉴于市场在2023年和2024年的强劲表现,以及过高的预期,市场需要一些担忧情绪来进行健康调整。健康的市场调整是正常的,我们应该对此做好准备。 同时,史蒂夫·科恩等一些投资者也开始表达看跌观点,他们认为关税、移民放缓和政府支出削减等因素可能对经济构成阻力。尽管如此,我仍然认为美国经济值得保持乐观态度,并且如果市场出现回调,那些一直持有现金或债券的投资者应该考虑投资。 Ben Carlson: 我同意市场择时并不好,会带来负面情绪。市场上存在过度乐观情绪,杠杆多头ETF的资产管理规模持续增长就是明证。此外,Robinhood的收入主要来自加密货币和期权交易,而非股票交易,这表明其平台已转变为类似赌场的性质。在孩子的体育比赛中,我总是告诉我的孩子们,努力比结果更重要。在生活中,我们也应该保持这种积极的态度,尽力而为,享受过程。

Deep Dive

Shownotes Transcript

On episode 401 of Animal Spirits, Michael Batnick) and Ben Carlson) discuss: the potential for an economic slowdown, Steve Cohen gets bearish, the labor market is slowing, giving the US economy the benefit of the doubt, the top 10% owns everything, rich people are everywhere these days, Berkshire Hathaway pays a lot of taxes, Robinhood is a casino and much more.

This episode is sponsored by Betterment. Grow your RIA your way: https://www.betterment.com/advisors)

Sign up for The Compound newsletter and never miss out: thecompoundnews.com/subscribe)

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 [email protected]) 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.

Obviously nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. See our disclosures here:

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

Learn more about your ad choices. Visit megaphone.fm/adchoices)