Does the Stock Market Know Something We Don’t?

The Compound and Friends

Josh Brown

News, Business, Business News, Investing

4.8 • 1.9K Ratings

🗓️ 15 August 2025

⏱️ 73 minutes

🔗️ Recording | iTunes | RSS

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Summary

On episode 204 of The Compound and Friends, ⁠⁠⁠⁠⁠⁠⁠⁠⁠Michael Batnick⁠⁠⁠⁠⁠⁠⁠⁠⁠ is joined by Shannon Saccocia and Todd Sohn to discuss: the market narrative, the AI economy, ARK's big run, Circle's round trip, M&A, the labor market, and much more! This episode is sponsored by Grayscale and Apex Fintech Solutions. Find out more about Grayscale by visiting: https://www.grayscale.com/ Find out more about Wavvest’s planning engine powered by advanced AI and built on Apex’s AscendOS at https://www.wavvest.com/ Sign up for The Compound Newsletter and never miss out: ⁠⁠⁠⁠⁠⁠⁠⁠⁠thecompoundnews.com/subscribe⁠⁠⁠⁠⁠⁠⁠⁠⁠ Instagram: ⁠⁠⁠⁠⁠⁠⁠⁠⁠instagram.com/thecompoundnews⁠⁠⁠⁠⁠⁠⁠⁠⁠ Twitter: ⁠⁠⁠⁠⁠⁠⁠⁠⁠twitter.com/thecompoundnews⁠⁠⁠⁠⁠⁠⁠⁠⁠ LinkedIn: ⁠⁠⁠⁠⁠⁠⁠⁠⁠linkedin.com/company/the-compound-media/⁠⁠⁠⁠⁠⁠⁠⁠⁠ TikTok: ⁠⁠⁠⁠⁠⁠⁠⁠⁠tiktok.com/@thecompoundnews⁠⁠⁠⁠⁠⁠⁠⁠⁠ 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

Transcript

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0:00.0	My dad sent me this this morning.
0:01.7	He said you were always destined for greatness or something like that. You are. Look at this. And that shirt, you always are. That's actually pretty. That's not bad. It's not a bad picture. You should bring that back if you're able to. Yeah, I wish. Or I'm going to get you a wig. I wish. No, that ship's sailed. I'm going to use before or after. When do you want this?
0:00.7	Right now.
0:01.3	Do you want it now?
0:01.9	Yeah.
0:02.3	One's for Josh.
0:02.8	One for Josh. wish. Or I'm going to get you a wig. I wish. No, that ship's, the ship's sale. I mean, I can just use before or after.
0:22.1	When do you want this?
0:22.6	Right now.
0:23.2	You want it now? Yeah. One's for Josh. Yeah. Ooh, a physical book. So, I like giving them books. I finally, like, gave up on this idea that I would ever read again. Like, not ever, but, like, right now.
0:19.2	So...
0:19.7	If not, make Matt and Sean read it.
0:20.7	I went to audiobooks.
0:22.1	Did you?
0:22.6	So I do a... whatever, read again? Like, not ever, but like right now. So.
0:37.6	If not, make Matt and Sean read. I went to audiobooks. Did you? So I do a combination of audio or, like, I have stuff on my Kindle because I feel like it's like I always have my Kindle with me. So if I'm feeling like I want to read something that's really meaty, like, I at least have like, I don't have to remember a physical book with me. I'm a Kindle person.
0:34.7	I just, I switched to the Kind remember a physical book with me. I'm a Kindle person.
0:55.3	I just, I switched to the Kindle about a year and a half ago because I was, I was finding
0:59.7	that I was trying to read at different times.
1:02.3	And even with like, my husband would be sleeping and I want to read.
1:05.8	And I'm like, annoyed.
1:07.6	Yeah.
	...

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