This week’s Animal Spirits with Michael & Ben is sponsored by YCharts: Mention Animal Spirits and receive 20% off your subscription price when you initially sign up for the service. We discuss: The record outflows from mutual funds. How outflows are impacting passive and active funds differently. Why the S&P 500 is so hard to beat. Investing…

This week’s Animal Spirits with Michael & Ben is sponsored by YCharts: Mention Animal Spirits and receive 20% off your subscription price when you sign up. We discuss: Steve Mnuchin’s bizarre statement on the banks. Big up and down days in the market. What’s the biggest cause of the market’s downturn? Are algos really to blame…

On this week’s Animal Spirits with Michael & Ben we discuss: The carnage in the stock market. Does this mean we’re going into a recession? How historically bad is the latest quarter in stocks? Why young people should be happy about the drop in stock prices. Why the Fed can’t win no matter what they…

At the end of each episode of Animal Spirits, Michael and I give our recommendations for things we’ve been reading or watching. I’ve also been known to give a review on Twitter or here on the blog. So I decided to put together a list of my favorite recommendations for TV shows, movies, and books I’ve…

Today’s Animal Spirits: Talk Your Book is presented by Exponential ETFs: We discuss: Why the S&P 500 is so hard to beat. Why such a small number of companies account for such a large portion of market returns. How could you reweight the S&P 500 to get a smaller, more high-quality strategy? The thinking behind…

On this week’s Animal Spirits with Michael & Ben we discuss: Robinhood’s debacle of a rollout for their checking & savings accounts Or was this all a PR stunt? What does Ashton Kutcher think? Do millennials even care about banking regulations? Where can you find higher interest rates for your savings? What can fund flows tell…

Today’s Animal Spirits: Talk Your Book is presented by iShares: We discuss: Why diversifying overseas still makes sense. What matters more — valuations or mean reversion? Does value investing work better overseas? BUT WHAT ABOUT JAPAN?! Is market cap weighting really suboptimal? Can factor investing replace old-school active management? Why should investors bother diversifying internationally?…

I’ve been on the road a couple times in the past two weeks so I’ve been doing an above average amount of reading lately. My standard rule for plane travel is no in-air Internet for two reasons: (1) The wi-fi rarely works so it just ends up being a huge waste of time trying to…

On this week’s Animal Spirits with Michael & Ben we discuss: Why every market correction feels different. 2018 stock market losses are in line with historical drawdowns. Why I’d like to see a shallow recession and run-of-the-mill bear market. How pretentious is it to say, “I will say this…”? Why aren’t rich people happier? Would…