https://awealthofcommonsense.com/2018/05/animal-spirits-episode-31-stocks-are-not-bonds/
Animal Spirits Episode 31: Stocks Are Not Bonds - A Wealth of Common Sense
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https://awealthofcommonsense.com/2022/11/animal-spirits-getting-rich-quick/
Animal Spirits: Getting Rich Quick - A Wealth of Common Sense
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https://awealthofcommonsense.com/2024/03/animal-spirits-things-are-getting-stupid-again/
Animal Spirits: Things Are Getting Stupid Again - A Wealth of Common Sense
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https://awealthofcommonsense.com/2019/02/animal-spirits-episode-68-the-rich-mans-ira/
Animal Spirits Episode 68: The Rich Man's IRA - A Wealth of Common Sense
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https://awealthofcommonsense.com/2024/08/animal-spirits-flash-crash-or-recession/
Animal Spirits: Flash Crash or Recession? - A Wealth of Common Sense
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Animal Spirits: The Most Confusing Rally of All Time - A Wealth of Common Sense
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https://awealthofcommonsense.com/2020/05/animal-spirits-fallen-angels/
Animal Spirits: Fallen Angels - A Wealth of Common Sense
May 13, 2020 - Michael and Ben discuss the survival of airlines, why PMs hate the Fed and more.
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https://awealthofcommonsense.com/2023/06/animal-spirits-is-the-bear-market-over/
Animal Spirits: Is the Bear Market Over? - A Wealth of Common Sense
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https://awealthofcommonsense.com/2019/09/animal-spirits-who-are-the-losers/
Animal Spirits: Who Are the Losers? - A Wealth of Common Sense
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https://awealthofcommonsense.com/2018/04/animal-spirits-episode-24-the-false-breakdown/
Animal Spirits Episode 24: The False Breakdown - A Wealth of Common Sense
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https://awealthofcommonsense.com/2017/12/animal-spirits-episode-7-a-random-walk-down-nowhere/
Animal Spirits Episode 7: A Random Walk Down Nowhere - A Wealth of Common Sense
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https://awealthofcommonsense.com/2025/09/animal-spirits-a-mania-is-brewing/
Animal Spirits: A Mania is Brewing - A Wealth of Common Sense
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https://awealthofcommonsense.com/2021/05/animal-spirits-the-worst-time-to-buy-a-house/
Animal Spirits: The Worst Time to Buy a House - A Wealth of Common Sense
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https://awealthofcommonsense.com/2025/08/animal-spirits-measuring-the-wealth-effect/
Animal Spirits: Measuring the Wealth Effect - A Wealth of Common Sense
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https://awealthofcommonsense.com/2021/03/animal-spirits-the-active-management-resurgence/
Animal Spirits: The Active Management Resurgence - A Wealth of Common Sense
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https://awealthofcommonsense.com/2018/05/animal-spirits-episode-29-the-podcast-boot-camp/
Animal Spirits Episode 29: The Podcast Boot Camp - A Wealth of Common Sense
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https://awealthofcommonsense.com/2018/03/animal-spirits-episode-22-horizontal-support/
Animal Spirits Episode 22: Horizontal Support - A Wealth of Common Sense
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https://awealthofcommonsense.com/2025/10/animal-spirits-did-the-market-just-top/
Animal Spirits: Did the Market Just Top? - A Wealth of Common Sense
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https://awealthofcommonsense.com/2025/05/animal-spirits-9/
Animal Spirits: Is Financial Education Working? - A Wealth of Common Sense
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https://awealthofcommonsense.com/2020/09/animal-spirits-asset-price-hyperinflation/
Animal Spirits: Asset Price Hyperinflation - A Wealth of Common Sense
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https://awealthofcommonsense.com/2022/04/animal-spirits-elon-buys-twitter/
Animal Spirits: Elon Buys Twitter - A Wealth of Common Sense
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https://awealthofcommonsense.com/2020/04/animal-spirits-mountains-of-debt/
Animal Spirits: Mountains of Debt - A Wealth of Common Sense
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Animal Spirits: An Extraordinary Decade - A Wealth of Common Sense
Dec 22, 2021 - Michael and I discuss future stock market returns, inflation at Chipotle, growth vs. deep value and much more.
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https://awealthofcommonsense.com/2024/12/animal-spirits-eff-you-money/
Animal Spirits: Eff You Money - A Wealth of Common Sense
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https://awealthofcommonsense.com/2020/10/animal-spirits-the-worst-chart-in-finance/
Animal Spirits: The Worst Chart in Finance - A Wealth of Common Sense
Oct 28, 2020 - Michael and Ben discuss who owns the stock market, why investors will get more creative in the years ahead, the new Matthew McConaughey book and more.
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https://awealthofcommonsense.com/2020/07/animal-spirits-the-future-of-education/
Animal Spirits: The Future of Education - A Wealth of Common Sense
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Animal Spirits: Listener Mailbag - A Wealth of Common Sense
Oct 3, 2021 - Michael and I (with some help from Tony Stich) answer listener questions.
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https://awealthofcommonsense.com/2024/04/animal-spirits-enjoy-the-bull-market-while-it-lasts/
Animal Spirits: Enjoy the Bull Market While it Lasts - A Wealth of Common Sense
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https://awealthofcommonsense.com/2025/10/animal-spirits-the-zero-dollar-club/
Animal Spirits: The Zero Dollar Club - A Wealth of Common Sense
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https://awealthofcommonsense.com/2021/06/animal-spirits-permanent-stimulus/
Animal Spirits: Permanent Stimulus - A Wealth of Common Sense
Jun 9, 2021 - Michael and I discuss how crypto sucked the air out of the room for market discussions, why the Fed is forever attached to the markets and more.
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https://awealthofcommonsense.com/2022/05/animal-spirits-listener-mailbag-8/
Animal Spirits: Listener Mailbag - A Wealth of Common Sense
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https://awealthofcommonsense.com/2024/01/animal-spirits-new-all-time-highs/
Animal Spirits: New All-Time Highs - A Wealth of Common Sense
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https://awealthofcommonsense.com/2022/04/animal-spirits-long-global-short-usa/
Animal Spirits: Long Global, Short USA - A Wealth of Common Sense
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https://awealthofcommonsense.com/2023/09/animal-spirits-live-at-future-proof/
Animal Spirits: Is Apple the Next IBM? - A Wealth of Common Sense
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https://awealthofcommonsense.com/2020/04/animal-spirits-capitalism-as-we-know-it/
Animal Spirits: Capitalism as We Know It - A Wealth of Common Sense
Apr 29, 2020 - Michael and Ben discuss credit card rates, underestimated changes from the pandemic, Netflix movies and more.
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https://awealthofcommonsense.com/2023/04/animal-spirits-millennials-will-buy-all-the-stocks/
Animal Spirits: Millennials Will Buy All the Stocks - A Wealth of Common Sense
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https://awealthofcommonsense.com/2025/03/animal-spirits-live-from-miami/
Animal Spirits: Live From Miami - A Wealth of Common Sense
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https://awealthofcommonsense.com/2018/01/animal-spirits-episode-11-hedge-fund-myths-casual-investing-advice/
Animal Spirits Episode 11: Hedge Fund Myths & Casual Investing Advice - A Wealth of Common Sense
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https://awealthofcommonsense.com/2024/01/animal-spirits-gen-z-is-on-fire/
Animal Spirits: Gen Z is on Fire - A Wealth of Common Sense
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https://awealthofcommonsense.com/2023/02/animal-spirits-when-money-becomes-a-liability/
Animal Spirits: When Money Becomes a Liability - A Wealth of Common Sense
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https://awealthofcommonsense.com/2022/09/animal-spirits-is-a-recession-bullish/
Animal Spirits: Is a Recession Bullish? - A Wealth of Common Sense
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https://awealthofcommonsense.com/2018/08/animal-spirits-episode-44-when-hitler-took-cocaine/
Animal Spirits Episode 44: When Hitler Took Cocaine - A Wealth of Common Sense
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https://awealthofcommonsense.com/2019/11/animal-spirits-the-nastiest-hardest-problem-in-finance/
Animal Spirits: The Nastiest, Hardest Problem in Finance - A Wealth of Common Sense
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https://awealthofcommonsense.com/2022/02/animal-spirits-stocks-work-best-at-night/
Animal Spirits: Stocks Work Best at Night - A Wealth of Common Sense
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https://awealthofcommonsense.com/2023/06/animal-spirits-why-are-houses-so-expensive/
Animal Spirits: Why Are Houses So Expensive? - A Wealth of Common Sense
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https://awealthofcommonsense.com/2019/06/animal-spirits-the-four-most-dangerous-words-in-podcasting/
Animal Spirits: The Four Most Dangerous Words in Podcasting - A Wealth of Common Sense
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https://awealthofcommonsense.com/2019/11/animal-spirits-ive-never-used-an-emoji/
Animal Spirits: I've Never Used an Emoji - A Wealth of Common Sense
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https://awealthofcommonsense.com/2020/06/animal-spirits-inflation-ahead/
Animal Spirits: Inflation Ahead - A Wealth of Common Sense
Jun 24, 2020 - Michael and Ben discuss inflation predictions, the new 60/40 portfolio, a Saved by the Bell reboot and more.
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Animal Spirits: 10,000 Day Traders - A Wealth of Common Sense
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https://awealthofcommonsense.com/2019/05/animal-spirits-the-absence-of-stuff/
Animal Spirits: The Absence of Stuff - A Wealth of Common Sense
May 25, 2019 - Ben Carlson and Michael Batnick discuss how underrated dividends are, Goldman buying an RIA, why true wealth is the absence of stuff and much more.
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Animal Spirits: The Big Squeeze - A Wealth of Common Sense
Feb 3, 2021 - Michael and I discuss the biggest Wall Street story in some time.
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https://awealthofcommonsense.com/2022/05/animal-spirits-the-most-obvious-recession-ever/
Animal Spirits: The Most Obvious Recession Ever - A Wealth of Common Sense
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https://awealthofcommonsense.com/2024/06/animal-spirits-the-consumer-is-slowing-down/
Animal Spirits: The Consumer is Slowing Down - A Wealth of Common Sense
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https://awealthofcommonsense.com/2023/01/animal-spirits-10-predictions-for-2023/
Animal Spirits: 10 Predictions For 2023 - A Wealth of Common Sense
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https://awealthofcommonsense.com/2022/01/animal-spirits-is-the-fed-trapped/
Animal Spirits: Is the Fed Trapped? - A Wealth of Common Sense
Jan 13, 2022 - Michael and I discuss three bearish scenarios for the stock market, growth stocks getting wrecked, why the Fed might be in trouble and more.
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https://awealthofcommonsense.com/2023/01/animal-spirits-is-a-soft-landing-inflationary/
Animal Spirits: Is a Soft Landing Inflationary? - A Wealth of Common Sense
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https://awealthofcommonsense.com/2020/03/animal-spirits-emergency-podcast-preparing-for-a-recession/
Animal Spirits Emergency Podcast: Preparing for a Recession - A Wealth of Common Sense
Mar 12, 2020 - Things are getting crazy, not only in the markets but society at large with the realization of the massive impact the coronavirus is creating. So Michael and I...
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https://awealthofcommonsense.com/2021/08/animal-spirits-the-best-way-to-get-a-raise/
Animal Spirits: The Best Way to Get a Raise - A Wealth of Common Sense
Aug 4, 2021 - Michael and I discuss my recent trip to NYC, interviewing for wealth management roles, the Robinhood IPO and more.
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https://awealthofcommonsense.com/2025/07/animal-spirits-13/
Animal Spirits: What is Upper Middle Class? - A Wealth of Common Sense
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https://awealthofcommonsense.com/2023/12/animal-spirits-the-ben-carlson-top/
Animal Spirits: The Ben Carlson Top - A Wealth of Common Sense
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https://awealthofcommonsense.com/2023/02/animal-spirits-benjamin-graham-disciple/
Animal Spirits: Benjamin Graham Disciple - A Wealth of Common Sense
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https://awealthofcommonsense.com/2022/10/animal-spirits-why-isnt-inflation-falling/
Animal Spirits: Why Isn't Inflation Falling? - A Wealth of Common Sense
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https://awealthofcommonsense.com/2022/08/animal-spirits-why-so-bearish/
Animal Spirits: Why So Bearish? - A Wealth of Common Sense
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https://awealthofcommonsense.com/2020/10/animal-spirits-living-through-history/
Animal Spirits: Living Through History - A Wealth of Common Sense
Oct 7, 2020 - Michael and Ben are back to discuss how markets respond to presidential health scares, a weakening jobs market, women dropping out of the workforce and more.
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https://awealthofcommonsense.com/2023/05/animal-spirits-the-only-game-in-town/
Animal Spirits: The Only Game in Town - A Wealth of Common Sense
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https://awealthofcommonsense.com/2020/10/animal-spirits-bearish-the-whole-way-up/
Animal Spirits: Bearish the Whole Way Up - A Wealth of Common Sense
Oct 14, 2020 - Michael and Ben discuss the impact of the presidential election on the markets and much more.
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https://awealthofcommonsense.com/2022/03/animal-spirits-a-moral-margin-call/
Animal Spirits: A Moral Margin Call - A Wealth of Common Sense
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https://awealthofcommonsense.com/2024/05/animal-spirits-when-will-houses-be-affordable-again/
Animal Spirits: When Will Houses Be Affordable Again? - A Wealth of Common Sense
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https://awealthofcommonsense.com/2018/10/animal-spirits-episode-50-a-committee-of-geniuses/
Animal Spirits Episode 50: A Committee of Geniuses - A Wealth of Common Sense
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https://awealthofcommonsense.com/2022/03/animal-spirits-can-the-market-cause-a-recession/
Animal Spirits: Can the Market Cause a Recession? - A Wealth of Common Sense
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https://awealthofcommonsense.com/2023/07/animal-spirits-is-twitter-dead/
Animal Spirits: Is Twitter Dead? - A Wealth of Common Sense
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https://awealthofcommonsense.com/2023/12/animal-spirits-what-will-perform-best-in-2024/
Animal Spirits: What Will Perform Best in 2024? - A Wealth of Common Sense
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https://awealthofcommonsense.com/2020/07/animal-spirits-the-golden-age-of-fraud/
Animal Spirits: The Golden Age of Fraud - A Wealth of Common Sense
Jul 29, 2020 - Michael and Ben discuss how crazy this market has been, going from 1929 to 1999 in a matter of months.
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https://awealthofcommonsense.com/2020/05/animal-spirits-a-noobwhale-pickers-market/
Animal Spirits: A Noobwhale Picker's Market - A Wealth of Common Sense
May 1, 2020 - We discuss: The latest crazy economic data Is this the hardest market environment to outperform ever? Will any investors develop a more open mind about...
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https://awealthofcommonsense.com/2025/12/animal-spirits-age-of-discontentment/
Animal Spirits: Age of Discontentment - A Wealth of Common Sense
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https://awealthofcommonsense.com/2025/02/animal-spirits-4/
Animal Spirits: Time to Get Bearish? - A Wealth of Common Sense
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https://awealthofcommonsense.com/2023/09/animal-spirits-americans-love-borrowing-money/
Animal Spirits: Americans Love Borrowing Money - A Wealth of Common Sense
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Animal Spirits: Invest in What You Know - A Wealth of Common Sense
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Animal Spirits: Money Buys Happiness - A Wealth of Common Sense
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Animal Spirits: Whatever it Takes Squared - A Wealth of Common Sense
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Animal Testing for Cosmetics Is Still (Unnecessarily) Common
Feb 7, 2024 - More humane and effective techniques abound, but many brands remain stuck in arcane ways.
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https://awealthofcommonsense.com/2020/01/animal-spirits-the-short-squeeze/
Animal Spirits: The Short Squeeze - A Wealth of Common Sense
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https://awealthofcommonsense.com/2020/03/animal-spirits-is-this-worse-than-2008/
Animal Spirits: Is This Worse Than 2008? - A Wealth of Common Sense
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https://awealthofcommonsense.com/2024/09/animal-spirits-founder-mode/
Animal Spirits: Founder Mode - A Wealth of Common Sense
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https://awealthofcommonsense.com/2023/10/animal-spirits-the-worst-bear-market-ever/
Animal Spirits: The Worst Bear Market Ever - A Wealth of Common Sense
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https://awealthofcommonsense.com/2023/01/animal-spirits-there-are-always-more-layoffs/
Animal Spirits: What's the Negative Catalyst? - A Wealth of Common Sense
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https://awealthofcommonsense.com/2025/08/animal-spirits-wall-street-strikes-back/
Animal Spirits: Wall Street Strikes Back - A Wealth of Common Sense
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https://awealthofcommonsense.com/2022/10/animal-spirits-a-tough-break/
Animal Spirits: A Tough Break - A Wealth of Common Sense
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https://awealthofcommonsense.com/2021/06/animal-spirits-lifestyle-creep/
Animal Spirits: Lifestyle Creep - A Wealth of Common Sense
Jun 24, 2021 - Michael and I discuss inflation data, why interest rates are falling, iPads putting the nail in the coffin of movie theaters and much more.
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https://awealthofcommonsense.com/2022/09/animal-spirits-the-super-bubble/
Animal Spirits: The Super Bubble - A Wealth of Common Sense
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https://awealthofcommonsense.com/2024/04/animal-spirits-the-never-ending-travel-boom/
Animal Spirits: The Never-Ending Travel Boom - A Wealth of Common Sense
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https://awealthofcommonsense.com/2023/05/animal-spirits-business-optimism-crashes/
Animal Spirits: Business Optimism Crashes - A Wealth of Common Sense
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https://awealthofcommonsense.com/2020/06/animal-spirits-the-opposite-of-a-falling-knife/
Animal Spirits: The Opposite of a Falling Knife - A Wealth of Common Sense
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https://awealthofcommonsense.com/2024/04/animal-spirits-a-healthy-pullback/
Animal Spirits: A Healthy Pullback - A Wealth of Common Sense
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https://awealthofcommonsense.com/2020/08/animal-spirits-the-smart-money/
Animal Spirits: The Smart Money - A Wealth of Common Sense
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https://awealthofcommonsense.com/2025/07/63726/
Animal Spirits: There Are Too Many Rich People - A Wealth of Common Sense
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https://awealthofcommonsense.com/2019/09/animal-spirits-michaels-brain-fart/
Animal Spirits: Michael's Brain Fart - A Wealth of Common Sense
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https://awealthofcommonsense.com/2025/05/animal-spirits-there-will-never-be-another-warren-buffett/
Animal Spirits: There Will Never Be Another Warren Buffett - A Wealth of Common Sense
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https://awealthofcommonsense.com/2021/07/animal-spirits-high-school-reunion/
Animal Spirits: High School Reunion - A Wealth of Common Sense
Jul 14, 2021 - Michael and I discuss the roaring 20s, the end of cash, people quitting their jobs, growth taking out value again and more.
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