The Irrelevant Investor
Posts
Talk Your Book: The Bubble Will Get Bigger

Talk Your Book: The Bubble Will Get Bigger

Michael Batnick
November 17, 2025

Pioneering Access to Institutional Private Markets for Individual Investors

CION is a leading open-source provider of private market investment products. We furnish financial advisors and individual investors with solutions, education and service to help them build diversified portfolios as they seek to maximize risk-adjusted return.

Learn more about private market investing

Today's Talk Your Book is sponsored by State Street Investment Management:

See here for more information on State Street Investment Management

On today’s show, we discuss:

The effects of monetary easing and a permanent fiscal deficit on risk assets
At what point does the deficit start to matter
The risk of rising long-term rates driven by increasing sovereign debt
Why the labor market may be performing better than anticipated, and the risk that the Fed could be cutting too aggressively
An unusual phenomenon in the labor market, with both labor supply and demand slowing
How to diversify out of the Magnificent Seven

Animal Spirits:

Animal Spirits Podcast

Animal spirits is a show about markets, life, and investing. Join Michael Batnick and Ben Carlson as they talk about what they're reading, writing, listening to and…

podcasts.thecompoundnews.com/show/animalspirits