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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