On this episode of Animal Spirits: Talk Your Book, Michael Batnick and Ben Carlson are joined by State Street's Michael Arone to discuss: the origin story of SPY, what's driving ETF adoption, geopolitics vs. AI, potential economic risks and more.
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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. See our disclosures here:
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State Street Disclosure:
Important Risk Information
Investing involves risk including the risk of loss of principal.
ETFs trade like stocks, are subject to investment risk, fluctuate in
market value and may trade at prices above or below the ETFs net asset
value. Brokerage commissions and ETF expenses will reduce returns.
The views expressed in this material are the views of Michael Arone
through the period ended April 13, 2026 and are subject to change
based on market and other conditions. This document contains certain
statements that may be deemed forward-looking statements. Please note
that any such statements are not guarantees of any future performance
and actual results or developments may differ materially from those
projected.
Before investing, consider the funds’ investment objectives, risks,
charges, and expenses. To obtain a prospectus, which contains this and
other information, call 1.866.787.2257 or visit www.ssga.com. Read it
carefully.
ALPS Distributors, Inc. (fund distributor); State Street Global Advisors Funds Distributors, LLC (marketing agent).
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Expiration: 4/30/27
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