On episode 357 of Animal Spirits, Michael Batnick and Ben Carlson discuss: why the stock market needed a correction, why the 1990s is an outlier (in more ways than one), economic growth is a policy choice, Gen Z is doing better than you think, living in the U.S. vs. Europe, the number of households with a paid off mortgage, the renovation boom, and much more! This episode is brought to you by Franklin Templeton. To learn more about the Franklin High Yield Corporate ETF (FLHY) visit: https://www.franklintempleton.com/investments/options/exchange-traded-funds/products/26729/SINGLCLASS/franklin-high-yield-corporate-etf/FLHY Sign up for The Compound newsletter and never miss out: https://www.thecompoundnews.com/subscribe Buy your ticket for TCAF Live in LA! https://www.eventbrite.com/e/the-compound-and-friends-live-in-los-angeles-tickets-869393077097?utm-campaign=social&utm-content=attendeeshare&utm-medium=discovery&utm-term=listing&utm-source=cp&aff=ebdsshcopyurl ► 00:00 - Franklin Templeton Ad Read ► 02:16 - Intro ► 03:06 - A Healthy Pullback ► 09:34 - Earnings Expectations ► 12:16 - Is Economic Growth a Policy Issue? ► 21:02 - Gen Z is Rich ► 26:18 - Mortgage Free Americans ► 32:50 - Private vs Public Companies ► 34:36 - Financials Reporting ► 44:27 - Creative Tax Dodges for the Rich ► 50:13 - Why Do Kids Hate Crust? ► 52:56 - 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