The Compound and Friends

Dive into the waves of market volatility as experts analyze recent corrections and the surprising resilience of ETFs amidst tariff fears. Discover how younger investors are navigating these dynamics with aggressive purchases. The podcast also explores the evolving landscape of stablecoins like USDC, their role in cryptocurrency transactions, and competition with Tether. Lastly, they dissect the IPO landscape, touching on tech giant Apple's challenges and emerging opportunities in AI, sparking thought-provoking discussions about investment strategies for the modern age.

Richard Bernstein, CEO and CIO of Richard Bernstein Advisors and former chief investment strategist at Merrill Lynch, joins the conversation to dissect the current bond market and economic uncertainties. He stresses the importance of understanding fiscal policies wrapped in the Big Beautiful Bill and shares insights on international stocks. They delve into strategies for hedging against uncertainty, highlighting bonds and gold as safe bets. The discussion also touches on the implications of rising mortgage delinquencies and the ongoing dynamics of tech-heavy portfolios.

Discover the latest buzz around investment strategies in energy stocks and how 'Cougar' companies are thriving even in economic downturns. The discussion also dives into the recent downgrade of America's credit rating by Moody's and its implications. Enjoy a lively analysis of market movements, including Bitcoin's impressive resilience, and explore the challenges faced by major retailers like Walmart due to rising costs. The conversation highlights how market dynamics are evolving, blending casual banter with serious insights for savvy investors.

Join John Authers, a senior editor for Bloomberg Opinion, and Chris Davis, a seasoned portfolio manager, as they delve into Warren Buffett's enduring legacy and his transition at Berkshire Hathaway. They critically examine the complexities of Buffett's influence on American capitalism, exploring themes of wealth concentration and corporate culture. The conversation also highlights current market dynamics, including the effects of rising interest rates and tech advancements, urging a reflective approach to investing amidst volatility.

Dana Mattioli, a senior reporter at the Wall Street Journal, dives deep into the evolution of Amazon and its strategic maneuvers to maintain dominance. She discusses the fierce antitrust challenges the tech giant faces and unpacks the shifting dynamics between major tech firms and political influences. The conversation also touches on Coinbase's historic entry into the S&P 500, raising questions about market resilience amidst economic uncertainties. Listeners gain fresh insights into whether the current market trends signify a true recovery or just a bull trap.

Carson Block, founder of Muddy Waters Capital and renowned activist short-seller, dives deep into the world of finance. He discusses the crucial role of short-sellers in exposing corporate fraud and challenges faced in today’s market. Block shares insights on high-profile shorts and critiques CEO compensation structures. He also touches on the psychology behind unethical behaviors and underscores the importance of evidence in short-selling. With case studies revealing complex corporate deceptions, this conversation sheds light on maintaining market integrity.

Callie Cox, Chief Market Strategist at Ritholtz Wealth Management, shares her expertise on navigating the complexities of the current market. The discussion highlights how companies are adjusting earnings guidance amidst uncertainties and delves into the impressive performance of the MAG7. They explore the impact of AI on finance and the declining number of CFA candidates, while also addressing how consumer sentiment contrasts with actual economic performance. The talk wraps up with insights on market psychology and the potential consequences of proposed tariffs.

Neil Dutta, a partner and head economist at Renaissance Macro Research, discusses pivotal economic trends. He addresses the rising risk of recession and how tariffs influence inflation and consumer behavior. Dutta elaborates on the Federal Reserve's potential moves amidst mixed economic signals. The conversation also touches on the transformative impact of AI on major tech companies, revealing an intriguing blend of serious analysis and humorous anecdotes about life and parenting.

This week, Kenneth Rogoff, a Harvard economist and chess grandmaster, joins to discuss the U.S. dollar's global dominance and its current challenges. He shares insights from his book on the implications of rising debt and inflation. The conversation navigates the future of Bitcoin amidst traditional finance, touching on market reactions to trade tariffs. Additionally, they delve into disappointing earnings from Starbucks and the market dynamics at play. Rogoff's expertise sheds light on the complexities of today's economic landscape.

On episode 189 of The Compound and Friends, Michael Batnick and Downtown Josh Brown are joined by Rebecca Patterson, Senior Fellow at the Council on Foreign Relations and former Chief Investment Strategist at Bridgewater Associates, to discuss: what's next for the stock market, what the trade war means for small businesses, the Fed's dilemma, foreign capital flows, the rally in gold, and much more!This episode is sponsored by Public. Fund your account in five minutes or less at https://public.com/compound and get up to $10,000 when you transfer your old portfolio.Sign up for The Compound Newsletter and never miss out: thecompoundnews.com/subscribeInstagram: instagram.com/thecompoundnewsTwitter: twitter.com/thecompoundnewsLinkedIn: linkedin.com/company/the-compound-media/TikTok: tiktok.com/@thecompoundnewsPublic Disclosure: All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. Public Investing offers a High-Yield Cash Account where funds from this account are automatically deposited into partner banks where they earn interest and are eligible for FDIC insurance; Public Investing is not a bank. Cryptocurrency trading services are offered by Bakkt Crypto Solutions, LLC (NMLS ID 1890144), which is licensed to engage in virtual currency business activity by the NYSDFS. Cryptocurrency is highly speculative, involves a high degree of risk, and has the potential for loss of the entire amount of an investment. Cryptocurrency holdings are not protected by the FDIC or SIPC. *Rate as of 3/5/25. APY is variable and subject to change. **Terms and Conditions apply. 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 Josh Brown 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.The Compound Media, Incorporated, 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 therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers see here https://ritholtzwealth.com/advertising-disclaimers. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.Obviously nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. See our disclosures here: https://ritholtzwealth.com/podcast-youtube-disclosures/ Learn more about your ad choices. Visit megaphone.fm/adchoices