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Animal Spirits Podcast · 2025-01-15 · 59 min · 12,030 words

A Key Market Signal (EP.395)

Listen to the original audio · Transcribed with NVIDIA Parakeet · Why times can differ in your player

Welcome to Animal Spirits, a show about markets, life, and investing. Join Michael Batnick 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 Ridholst Wealth Management. This podcast is for informational purposes only and should not be relied upon for any investment decisions.

Clients of Ridholdt's wealth management may maintain positions in the securities discussed in this podcast. Welcome to Animal Spirits with Michael and Ben. Want to start the show by talking about the devastation on the West Coast. This has to be the most the most awful experience that one can have in life outside of losing a loved one is losing your home. Yeah, I can't even imagine what it's been like to live there.

We have an office in LA, so we have people on the ground who live there and they've been sharing their experience. We've talked to clients, we've had we know people who have lost their homes, and I don't know where you where you start to pick up the mess. And and this, this the devastation is so big here, I don't know how you start over in some of these places. When you see the pictures, it looks like a a nuclear bomb went off in some of them with with the houses just all completely gone and I I wouldn't know where to begin.

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