Animal Spirits Podcast · 2026-08-31 · 32 min · 6,283 words

Talk Your Book: Cash Was Easy… Now What?

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Today's Animal Spirits Talk your book is brought to you by Federated Hermes. Go to federated hermes.com. That's H E R M E S. Federated Hermes dot com to learn more. On all their income products and strategies. Welcome to Animal Spirits, a show about markets, life, and investing. Join Michael Batnik and Ben Carlson as they talk about what they're reading, writing, and watching.

All opinions expressed by Michael and Ben are solely their own opinion and do not reflect the opinion of Red Host Wealth Management. This podcast is for informational purposes only and should not be relied upon for any investment decisions. Clients of Rid Holtz Wealth Management may maintain positions in the securities discussed in this podcast. Before investing, carefully consider the fund's investment objectives. Risks, charges, and expenses. Read this and more information in the prospectus or summary prospectus at federatedhermes.com. Federated Securities Corp is distributor of the Federated Hermes funds. Investments are subject to risk and may lose value. Views are for informational purposes only and do not constitute tax or investment advice.

Welcome to Animal Spirits, I'm Michael and Ben. On today's show we spoke with Brandon Clark, ETF business director at Federated Hermes about income and how investors are behaving and responding to the shape of the yield curve today. My read on the situation is that investors are thinking Too much. About income. And not enough about what might happen.

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