The Irrelevant Investor

The Compound and Friends: True or False - Private Credit is This Generation's Subprime

Michael Batnick — Fri, 06 Mar 2026 12:00:00 +0000

Active Trader Report: Use of Leveraged & Inverse ETFs Way Up

Direxion partnered with Compound Insights and Vanda to explore what’s driving the evolution of active trading and how active traders are using leveraged and inverse funds across equities, single stocks, commodities, and volatility.

Get the Report and View the Webcast

Today's Compound and Friends is brought to you by Fidelity Investments and Janus Henderson Investors:

This episode is sponsored by Fidelity Investments and the all-new Fidelity Trader+, Fidelity’s most powerful trading platform yet. Visit www.Fidelity.com/TraderPlus to learn more.

This episode is sponsored by Janus Henderson Investors. Learn more at https://www.janushenderson.com/

The Compound and Friends:

The Compound and Friends

Join Downtown Josh Brown, Michael Batnick, and a rotation of their friends every Friday for expert insight and hot takes on the latest in business and investing.

podcasts.thecompoundnews.com/show/TCAF

Charts:

Tweets/Bluesky:

Garrett Baldwin:

LinkedIn: https://www.linkedin.com/in/garrettbaldwin/

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Animal Spirits: A Wave of Redemptions

Michael Batnick — Wed, 04 Mar 2026 12:00:00 +0000

Active Trader Report: Use of Leveraged & Inverse ETFs Way Up

Get the Report and View the Webcast

Today's Animal Spirits is sponsored by Nuveen and Janus Henderson Investors:

This episode is sponsored by Nuveen. Learn more at Nuveen.com

This episode is sponsored by Janus Henderson Investors. Learn more at https://www.janushenderson.com/

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

On today’s show, we discuss:

Charts:

Tweets/Bluesky:

Recommendations:

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Talk Your Book: The Bull Market in Real Assets

Michael Batnick — Mon, 02 Mar 2026 12:00:00 +0000

Aim beyond the horizon with our active muni ETFs

Navigating today's complex muni universe requires precision, and index strategies can fall short. Our solution: the industry's largest active muni ETF lineup--national ETFs and seven single-state ETFs, all fueled by our deep expertise.

Learn More

Today's Talk Your Book is sponsored by VanEck:

Click here to learn more about VanEck and the VanEck Real Assets ETF (RAAX)

On today’s show, we discuss:

Why the post-COVID world has created a structural shift in favor of real assets
RAAX as a one-stop shop covering commodities, gold, infrastructure, energy, and other real asset segments
The three-step portfolio construction process combining macro, fundamental, and quantitative inputs
The role gold plays as a neutral reserve asset and why central bank de-dollarization has been a key driver of the bull market
Why AI infrastructure buildout and reshoring point to a decade-plus capex cycle that benefits real assets
Why VanEck ultimately decided to exclude crypto from RAAX despite the theoretical case for Bitcoin as a digital store of value

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

Charts:

Important Disclosures from VanEck: https://www.vaneck.com/us/en/talk-your-book-vaneck-disclosures-march-2026/

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The Compound and Friends: Data Centers are the New Fracking

Michael Batnick — Fri, 27 Feb 2026 12:00:00 +0000

Aim beyond the horizon with our active muni ETFs

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Today's Compound and Friends is brought to you by Grayscale and Janus Henderson Investors:

This episode is sponsored by Grayscale. Visit Grayscale.com/Compound to get started.

This episode is sponsored by Janus Henderson Investors. Learn more at https://www.janushenderson.com/

The Compound and Friends:

The Compound and Friends

Join Downtown Josh Brown, Michael Batnick, and a rotation of their friends every Friday for expert insight and hot takes on the latest in business and investing.

podcasts.thecompoundnews.com/show/TCAF

On today’s show, we discuss:

Charts:

Daniel Clifton:

LinkedIn: https://www.linkedin.com/in/daniel-clifton-794a191/

Chris Verrone:

Twitter: https://x.com/verrone_chris?lang=en
LinkedIn: https://www.linkedin.com/in/chris-verrone-6b1ab4111/

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Animal Spirits: Everyone Hates AI

Nelson Crane — Wed, 25 Feb 2026 12:00:00 +0000

Aim beyond the horizon with our active muni ETFs

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Today's Animal Spirits is sponsored by Betterment Advisor Solutions and ClearBridge Investments:

This episode is sponsored by Betterment Advisor Solutions. Learn more at: https://betterment.com/advisors

International and emerging market stocks outperformed the U.S. in 2025. At ClearBridge, we believe this momentum can continue. Find out more at https://www.clearbridge.com/

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

On today’s show, we discuss:

Charts:

Tweets/Bluesky:

Recommendations:

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The Compound and Friends: Looks Like a Bull Market, Feels Like a Crash

Michael Batnick — Fri, 20 Feb 2026 12:00:04 +0000

2026 Crypto Investment Outlook: Embracing the era of digitalization

According to Charles Schwab, 45% of advisors plan to invest in crypto ETFs this year. Regulatory clarity and institutional acceptance are pushing this emerging asset class to the mainstream, driven by three dominant themes.

Learn More

Today's Compound and Friends is brought to you by Public and ClearBridge Investments:

This episode is sponsored by Public. Find out more at https://public.com/compound

International and emerging market stocks outperformed the U.S. in 2025. At ClearBridge, we believe this momentum can continue. Find out more at https://www.clearbridge.com/

The Compound and Friends:

The Compound and Friends

Join Downtown Josh Brown, Michael Batnick, and a rotation of their friends every Friday for expert insight and hot takes on the latest in business and investing.

podcasts.thecompoundnews.com/show/TCAF

Charts:

Tweets/Bluesky:

Robyn Grew:

LinkedIn: https://www.linkedin.com/in/robyn-grew-ab031023/

Kristina Hooper:

LinkedIn: https://www.linkedin.com/in/kristina-hooper-/

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Animal Spirits: Is AI a Mistake?

Michael Batnick — Wed, 18 Feb 2026 12:00:05 +0000

2026 Crypto Investment Outlook: Embracing the era of digitalization

Learn More

Today's Animal Spirits is sponsored by Teucrium and YCharts:

Today's show is sponsored by Teucrium. Find out more at https://teucrium.com/agricultural-commodity-etfs

This episode is sponsored by YCharts. Explore Hamilton Lane benchmarks on YCharts, and get 20% off your initial YCharts Professional subscription (new customers only).

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

On today’s show, we discuss:

Charts:

Tweets/Bluesky:

Recommendations:

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Talk Your Book: Why Commodities Are Working

Michael Batnick — Mon, 16 Feb 2026 17:19:58 +0000

Today's Talk Your Book is sponsored by PIMCO:

Click here to learn more about PIMCO, and the PIMCO Commodity Strategy Active Exchange-Traded Fund (CMDT)

On today’s show, we discuss:

How PIMCO aims to generate alpha in the commodities space through active management
The role that momentum, carry, and behavioral strategies play in PIMCO's process
How the liquidity of commodities helps differentiate them from other real assets
How fiscal stimulus and countries building strategic inventories have helped support commodity markets
The role central banks have played in driving the price of gold
How PIMCO manages concentration risk in its portfolio
The two separate markets in oil as result of sanctions and global tensions

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

Charts:

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The Compound and Friends: The Baddest Hedge Fund in the World

Michael Batnick — Fri, 13 Feb 2026 12:00:04 +0000

Anthropic or xAI IPO in 2026? AGIX ETF Offers Exposure

Anthropic and xAI may be edging closer to the public markets. Click to read how IPO speculation is building and how investors can access both these private AI leaders today through KraneShares AGIX ETF.

Learn More

Today's Compound and Friends is brought to you by Invesco:

This episode is sponsored by Invesco. Visit https://Invesco.com/fixedincome to learn more about their comprehensive fixed income solutions and how they can help strengthen your portfolio's foundation.

The Compound and Friends:

The Compound and Friends

Join Downtown Josh Brown, Michael Batnick, and a rotation of their friends every Friday for expert insight and hot takes on the latest in business and investing.

podcasts.thecompoundnews.com/show/TCAF

On today’s show, we discuss:

Charts:

Tweets/Bluesky:

Nathaniel Horwitz:

Twitter: https://x.com/nbhorwitz?lang=en
LinkedIn: https://www.linkedin.com/in/nathaniel-brooks-horwitz/

Sam Koppelman:

Twitter: https://x.com/SammyKoppelman
LinkedIn:https://www.linkedin.com/in/sam-koppelman-7a154256/

Check out our t-shirts, coffee mugs, and other swag here.

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Animal Spirits: What Would You Do With $3 Million?

Michael Batnick — Wed, 11 Feb 2026 12:00:14 +0000

Anthropic or xAI IPO in 2026? AGIX ETF Offers Exposure

Anthropic and xAI may be edging closer to the public markets. Click to read how IPO speculation is building and how investors can access both these private AI leaders today through KraneShares AGIX ETF.

Learn More

Today's Animal Spirits is sponsored by

Today's show is sponsored by Pacer ETFs. Learn more about PATN at https://www.paceretfs.com/.

This episode is sponsored by YCharts. Download the “What Markets Are Signaling in 2026” deck here. And start your free YCharts trial through Animal Spirits (new customers only).

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

On today’s show, we discuss:

Charts:

Tweets/Bluesky:

Recommendations:

Check out our t-shirts, coffee mugs, and other swag here.

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Talk Your Book: The Three A's of the U.S. Economy

Michael Batnick — Mon, 09 Feb 2026 12:00:16 +0000

SPY: Built for speed in a rapidly evolving market

SPY trades an average of $54.94 billion daily¹—more than any other ETF¹—so you can tap into unmatched liquidity.

Get in and out of markets fast with SPY, the world’s most traded ETF.¹

Learn More

1 Bloomberg Finance, L.P., as of December 31, 2025. Average 30-day notional dollar trading volume.
Adtrax: 8728336.1.1.AM.RTL SPD004424
Expiration: 1/31/27

Today's Talk Your Book is sponsored by Motley Fool Asset Management:

Click here to learn more about Motley Fool Asset Management

On today’s show, we discuss:

The three A's driving markets: asset prices, AI, and the affluent consumer
The broadening out we are seeing in the market
How to think about valuing the largest companies in the world
Is AI the tool that levels the playing field for small and mid-sized companies?
The thesis behind Motley Fool Asset Management portfolios
Can regulation protect software companies from being replaced by AI?
The power of looking for great companies and letting them work for you over the long term

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

Charts:

Check out our t-shirts, coffee mugs, and other swag here.

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The Compound and Friends: Momentum Stock Slaughterhouse

Michael Batnick — Fri, 06 Feb 2026 12:00:09 +0000

SPY: Built for speed in a rapidly evolving market

SPY trades an average of $54.94 billion daily¹—more than any other ETF¹—so you can tap into unmatched liquidity.

Get in and out of markets fast with SPY, the world’s most traded ETF.¹

Learn More

1 Bloomberg Finance, L.P., as of December 31, 2025. Average 30-day notional dollar trading volume.
Adtrax: 8728336.1.1.AM.RTL SPD004424
Expiration: 1/31/27

Today's Compound and Friends is brought to you by WisdomTree:

This episode is sponsored by WisdomTree. Learn more about OPPJ and the broader suite of geopolitical opportunity ETFs at https://www.wisdomtree.com/geopolitical-opportunities

The Compound and Friends:

The Compound and Friends

Join Downtown Josh Brown, Michael Batnick, and a rotation of their friends every Friday for expert insight and hot takes on the latest in business and investing.

podcasts.thecompoundnews.com/show/TCAF

Charts:

Tweets/Bluesky:

Check out our t-shirts, coffee mugs, and other swag here.

Subscribe here:

Animal Spirits: Gold's 1987 Moment

Michael Batnick — Wed, 04 Feb 2026 12:00:12 +0000

SPY: Built for speed in a rapidly evolving market

SPY trades an average of $54.94 billion daily¹—more than any other ETF¹—so you can tap into unmatched liquidity.

Get in and out of markets fast with SPY, the world’s most traded ETF.¹

Learn More

1 Bloomberg Finance, L.P., as of December 31, 2025. Average 30-day notional dollar trading volume.
Adtrax: 8728336.1.1.AM.RTL SPD004424
Expiration: 1/31/27

Today's Animal Spirits is sponsored by Nuveen and ClearBridge Investments:

This episode is sponsored by Nuveen. Invest like the future is watching. Visit https://www.nuveen.com/future to learn more.

Today's show is sponsored by ClearBridge Investments. International and emerging market stocks outperformed the U.S. in 2025. At ClearBridge, we believe this momentum can continue. Find out more at https://www.clearbridge.com/

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

On today’s show, we discuss:

Charts:

Tweets/Bluesky

Recommendations:

Check out our t-shirts, coffee mugs, and other swag here.

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Talk Your Book: Investing in a Concentrated Stock Market

Michael Batnick — Mon, 02 Feb 2026 12:00:09 +0000

Differentiated Alternative Investments in Accessible Interval Fund Structures

CION is a leading provider of alternative investment products, offering institutional-quality strategies in interval fund structures and supporting advisors and investors with education and service to help build portfolios with potential to maximize risk-adjusted return.

Learn more about alternatives and interval funds

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

Click here to learn more about State Street Investment Management

On today’s show, we discuss:

The income squeeze: How market concentration is reshaping equity returns
Why a small-cap break out is bullish for the broader economy
The tailwinds that have lead to a healthy market environment
How flows have started to shift toward broader regional diversification and away from U.S. equities
Whether market concentration should be a concern in the U.S.
Why dividend yield was more relevant for valuation in the past than it is today
How the AI CAPEX spend fueled the Utilities Sector in 2025

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

Charts:

Check out our t-shirts, coffee mugs, and other swag here.

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The Compound and Friends: What Tom Lee's Worried About in 2026

Michael Batnick — Fri, 30 Jan 2026 12:00:05 +0000

Differentiated Alternative Investments in Accessible Interval Fund Structures

Learn more about alternatives and interval funds

Today's Compound and Friends is brought to you by Franklin Templeton:

This episode is sponsored by Franklin Templeton. Learn more at https://franklintempleton.com/muniETFs.

The Compound and Friends:

The Compound and Friends

Join Downtown Josh Brown, Michael Batnick, and a rotation of their friends every Friday for expert insight and hot takes on the latest in business and investing.

podcasts.thecompoundnews.com/show/TCAF

Charts:

Tweets/Bluesky:

Tom Lee:

LinkedIn: https://www.linkedin.com/in/thomas-tom-lee-98756b6/
Twitter: https://x.com/fundstrat?lang=en
Website: https://fsinsight.com/

Check out our t-shirts, coffee mugs, and other swag here.

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Animal Spirits: Hi-Yo Silver!

Michael Batnick — Wed, 28 Jan 2026 12:00:15 +0000

Differentiated Alternative Investments in Accessible Interval Fund Structures

Learn more about alternatives and interval funds

Today's Animal Spirits is sponsored by Invesco:

Today's show is sponsored by Invesco. Visit https://Invesco.com/fixedincome to learn more about their comprehensive fixed income solutions and how they can help strengthen your portfolio's foundation.

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

On today’s show, we discuss:

Charts:

Tweets/Bluesky:

Recommendations:

Alex Honnold Free Soloing Taipei 101
Landman

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Talk Your Book: How to Fix the Plumbing of the Financial System

Michael Batnick — Mon, 26 Jan 2026 12:00:29 +0000

Looking for a simpler way to invest Foolishly?

Motley Fool Asset Management factor ETFs give you exposure to 100 Foolish stock picks in a single trade. Our three newest funds pursue Innovative Growth (MFIG), Value (MFVL), and Momentum (MFMO).

Learn more

Today's Talk Your Book is sponsored by Chainlink:

See here for more information on Chainlink

On today’s show, we discuss:

How the plumbing of the financial system can be improved
The evolution from paper, to databases, to blockchain
Why there is a delay in the ACH system
What are the benefits of tokenized securities?
Chainlink's role in getting data into blockchains, and acting as the connective tissue of the system
What the future of blockchain adoption and regulation looks like
Chainlink as single integration point across all uses cases and blockchains

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

Charts:

Check out our t-shirts, coffee mugs, and other swag here.

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The Compound and Friends: Jeremy Grantham, Stop Ruining My Perfectly Good Bear Market

Michael Batnick — Fri, 23 Jan 2026 12:01:09 +0000

Looking for a simpler way to invest Foolishly?

Motley Fool Asset Management factor ETFs give you exposure to 100 Foolish stock picks in a single trade. Our three newest funds pursue Innovative Growth (MFIG), Value (MFVL), and Momentum (MFMO).

Learn more

Today's Compound and Friends is brought to you by PIMCO:

This episode is sponsored by PIMCO. Learn more about PIMCO’s Advisor Forum at https://www.pimco.com/.

The Compound and Friends:

The Compound and Friends

Join Downtown Josh Brown, Michael Batnick, and a rotation of their friends every Friday for expert insight and hot takes on the latest in business and investing.

podcasts.thecompoundnews.com/show/TCAF

Charts:

Jeremy Grantham:

Website: https://www.gmo.com/americas/
Twitter: https://x.com/GMOInsights
LinkdIn: https://www.linkedin.com/company/gmo/

Check out our t-shirts, coffee mugs, and other swag here.

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Animal Spirits: Small Caps Are Back

Michael Batnick — Wed, 21 Jan 2026 12:00:34 +0000

Looking for a simpler way to invest Foolishly?

Motley Fool Asset Management factor ETFs give you exposure to 100 Foolish stock picks in a single trade. Our three newest funds pursue Innovative Growth (MFIG), Value (MFVL), and Momentum (MFMO).

Learn more

Today's Compound and Friends is brought to you by YCharts and ClearBridge Investments:

This episode is sponsored by YCharts. Download Top 10 Visuals here And start your free YCharts trial through Animal Spirits (new customers only) here.

Today’s show is sponsored by ClearBridge Investments. International and emerging market stocks outperformed the U.S. in 2025. At ClearBridge, we believe this momentum can continue. Find out more at https://www.clearbridge.com/

The Compound and Friends:

The Compound and Friends

Join Downtown Josh Brown, Michael Batnick, and a rotation of their friends every Friday for expert insight and hot takes on the latest in business and investing.

podcasts.thecompoundnews.com/show/TCAF

On today’s show, we discuss:

Charts:

Tweets/Bluesky:

Recommendations:

Check out our t-shirts, coffee mugs, and other swag here.

Subscribe here:

Talk Your Book: Structured Notes in an ETF

Michael Batnick — Mon, 19 Jan 2026 12:00:38 +0000

Hunting for High Monthly Income?

Put the Calamos Autocallable ETFs on your radar. Latest distribution (paid December 30):

• CAIE per share $0.32453 (14.36% annualized)
• CAIQ per share $0.39352 (18.11% annualized)

Income that works harder.

Calamos Autocallable ETFs – Earn More

Today's Talk Your Book is sponsored by Simplify Asset Management:

See here for more information on Simplify Asset Management

On today’s show, we discuss:

What is an auto-callable barrier income strategy?
Gaining access to structed notes through SBAR in an efficient, liquid wrapper
How do barrier options work?
How this strategy can offer drawdown protection as well as income
Returns driven by equity volatility and equity drawdowns
Trading off lower barriers in exchange for higher distribution yield
The use case for auto-callable barrier income strategies

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

Charts:

Check out our t-shirts, coffee mugs, and other swag here.

Subscribe here:

The Irrelevant Investor

The Compound and Friends: True or False - Private Credit is This Generation's Subprime

Active Trader Report: Use of Leveraged & Inverse ETFs Way Up

Today's Compound and Friends is brought to you by Fidelity Investments and Janus Henderson Investors:

The Compound and Friends:

Charts:

Tweets/Bluesky:

Garrett Baldwin:

Animal Spirits: A Wave of Redemptions

Active Trader Report: Use of Leveraged & Inverse ETFs Way Up

Today's Animal Spirits is sponsored by Nuveen and Janus Henderson Investors:

Animal Spirits:

On today’s show, we discuss:

Charts:

Tweets/Bluesky:

Recommendations:

Talk Your Book: The Bull Market in Real Assets

Aim beyond the horizon with our active muni ETFs

Today's Talk Your Book is sponsored by VanEck:

On today’s show, we discuss:

Animal Spirits:

Charts:

The Compound and Friends: Data Centers are the New Fracking

Aim beyond the horizon with our active muni ETFs

Today's Compound and Friends is brought to you by Grayscale and Janus Henderson Investors:

The Compound and Friends:

On today’s show, we discuss:

Charts:

Daniel Clifton:

Chris Verrone:

Animal Spirits: Everyone Hates AI

Aim beyond the horizon with our active muni ETFs

Today's Animal Spirits is sponsored by Betterment Advisor Solutions and ClearBridge Investments:

Animal Spirits:

On today’s show, we discuss:

Charts:

Tweets/Bluesky:

Recommendations:

The Compound and Friends: Looks Like a Bull Market, Feels Like a Crash

Today's Compound and Friends is brought to you by Public and ClearBridge Investments:

The Compound and Friends:

Charts:

Tweets/Bluesky:

Robyn Grew:

Kristina Hooper:

Animal Spirits: Is AI a Mistake?

Today's Animal Spirits is sponsored by Teucrium and YCharts:

Animal Spirits:

On today’s show, we discuss:

Charts:

Tweets/Bluesky:

Recommendations:

Talk Your Book: Why Commodities Are Working

Today's Talk Your Book is sponsored by PIMCO:

On today’s show, we discuss:

Animal Spirits:

Charts:

The Compound and Friends: The Baddest Hedge Fund in the World

Advertisement

Anthropic or xAI IPO in 2026? AGIX ETF Offers Exposure

Anthropic and xAI may be edging closer to the public markets. Click to read how IPO speculation is building and how investors can access both these private AI leaders today through KraneShares AGIX ETF.

Learn More

Today's Compound and Friends is brought to you by Invesco:

The Compound and Friends:

On today’s show, we discuss:

Charts:

Tweets/Bluesky:

Nathaniel Horwitz:

Sam Koppelman:

Animal Spirits: What Would You Do With $3 Million?

Anthropic or xAI IPO in 2026? AGIX ETF Offers Exposure

Advertisement

Anthropic and xAI may be edging closer to the public markets. Click to read how IPO speculation is building and how investors can access both these private AI leaders today through KraneShares AGIX ETF.

Learn More

Today's Animal Spirits is sponsored by

Animal Spirits:

On today’s show, we discuss:

Charts:

Tweets/Bluesky:

Recommendations:

SPY trades an average of $54.94 billion daily¹—more than any other ETF¹—so you can tap into unmatched liquidity.

Get in and out of markets fast with SPY, the world’s most traded ETF.¹

SPY trades an average of $54.94 billion daily¹—more than any other ETF¹—so you can tap into unmatched liquidity.

Get in and out of markets fast with SPY, the world’s most traded ETF.¹

SPY trades an average of $54.94 billion daily¹—more than any other ETF¹—so you can tap into unmatched liquidity.

Get in and out of markets fast with SPY, the world’s most traded ETF.¹