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Animal Spirits Podcast · 2025-11-08 · 30 min · 6,137 words

Talk Your Book: The Two Biggest Stories of the Year: AI & Tariffs

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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 Rydhold's wealth management may maintain positions in the securities discussed in this podcast. Welcome to Animal Spirits with Michael and Ben. Today we are joined by Ara Karazyan, who is an economist at Ramp. He writes a subset called Ramp Economics Lab. Fascinating stuff they sent us, some of their work, some of their

Some of their charts and we said, okay, we gotta talk to this guy. Uh, it's really interesting stuff. You might be familiar with Ramp and you're not sure why the Saquon Barkley is doing commercials with them, unfortunately, which is neither here nor there. Um, they uh they are the fastest, I think they're the fastest fintech company to reach a billion dollars in annualized revenue. And they are doing so how?

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