Does Government Debt Matter? | Animal Spirits 330

Adolf Goebbels
Published on Oct 24, 2023
On episode 330 of Animal Spirits, Michael Batnick and Ben Carlson discuss: inflation coming down, the continued strength of the US consumer, Howard Marks on investing for a sea change, the risk-reward in bonds, what would happen if the US government paid off its debts, EMH in crypto, the worst case scenario for the housing market, and much more!

Thanks to iShares for sponsoring this episode. To learn more about the iShares Semiconductor ETF (SOXX), visit: https://www.ishares.com/us/products/239705/ishares-semiconductor-etf

► 00:00 - iShares Ad Read
► 01:48 - Intro
► 03:50 - Inflation and Economic Datta
► 16:39 - Department Store Sales
► 20:21 - Jamie Dimon
► 21:17 - Howard Marks (and bonds)
► 25:06 - Unprofitable Companies
► 27:11 - Long-term Bonds
► 30:51 - Should We Care About the National Debt?
► 37:05 - Labor Market/Jobs
► 38:31 - Bitcoin ETF
► 42:10 - Real Estate
► 45:37 - Great Quartr Guys
► 47:23 - Is Reclining Your Seat on an Airplane Rude?
► 55:54 - Recommendations

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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.

Wealthcast Media, 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/

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