On episode 382 of Animal Spirits, Michael Batnick and Ben Carlson discuss: an unbelievable run for the stock market, diversification vs. hedging, an unprecedented surge in household wealth, the new normal of negativity, some nostalgia for the 1990s, the stock market doesn't care who the president is, 100% yields, when to ask for an early inheritance, how to crack an egg correctly and much more!

This episode is sponsored by Nasdaq and Fabric by Gerber Life.

• Visit: https://www.nasdaq.com/solutions/nasdaq-etf-listings for or more information on the largest U.S. equities exchange by market share.

• Go to meetfabric.com/spirits for more information on life insurance from Fabric by Gerber Life.

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Find complete show notes on our blogs:

Ben Carlson’s A Wealth of Common Sense

Michael Batnick’s The Irrelevant Investor

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Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Michael Batnick and Ben Carlson are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management.

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