On episode 360 of Animal Spirits, Michael Batnick and Ben Carlson discuss: pullbacks in bull markets, the legend of Jim Simons, if 401(k)s were a mistake, what a car says about its driver, hotel movies vs airplane movies, and much more! This episode is brought to you by YCharts. Check out their election guide at: http://go.ycharts.com/how-do-presidential-elections-impact-the-market-guide?utm_source=partner&utm_medium=link&utm_campaign=election_guide&utm_id=animal+spirits Sign up for The Compound newsletter and never miss out: https://www.thecompoundnews.com/subscribe ► 00:00 - Ad read ► 01:20 - Intro ► 05:06 - Bumps in the Road ► 07:57 - Jim Simons ► 12:14 - Consumer Sentiment ► 13:47 - Carvana ► 15:34 - Was the 401(k) a Mistake? ► 18:22 - Passive Fund Ownership ► 21:43 - Cost of Living by State ► 25:16 - Whole House Commodity Index ► 26:12 - Coffee and CPI ► 30:06 - Housing Affordability ► 41:22 - Job Satisfaction ► 43:51 - What a Car Says About its Owner ► 48:38 - Good News Doesn't Make the News ► 51:21 - Gen Z ► 54:11 - Inflation ► 58:52 - Wine Sales Stumble ► 01:01:00 - Recommendations 👕 Check out The Compound shop: https://www.idontshop.com ✉️ Sign up for The Compound newsletter: https://www.thecompoundnews.com/subscribe 🎙️ Listen to our podcasts: The Compound and Friends: https://link.chtbl.com/compoundandfriends Animal Spirits: https://link.chtbl.com/animalspirits Ask The Compound: https://link.chtbl.com/askthecompound Instagram: https://instagram.com/thecompoundnews Twitter: https://twitter.com/thecompoundnews Investing involves the risk of loss. This podcast is for informational purposes only and should not be relied upon for investment decisions and is not a solicitation or recommendation to buy or sell any securities. 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. See additional disclosures: https://www.ritholtzwealth.com/podcast-youtube-disclosures. “Likes” or other comments are not intended to be endorsements of Ritholtz Wealth Management, or their employees and are not compensated. The Compound Media, Inc, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation with, Ritholtz Wealth Management or any of its employees. See disclaimers: https://www.ritholtzwealth.com/podcast-youtube-disclosures. #thecompound #investing #stockmarket