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The Compound and Friends

No Top in Sight, Chinese Stocks Explode, Nick Colas and Jessica Rabe on the Fed Cut

The Compound and Friends

Josh Brown

News, Business, Business News, Investing

4.81.9K Ratings

🗓️ 24 September 2024

⏱️ 106 minutes

🧾️ Download transcript

Summary

On this TCAF Tuesday, Josh Brown is joined by Nick Colas and Jessica Rabe, co-founders of DataTrek Research, to discuss the Fed cut, recession indicators, the outlook for tech, and more! Then, at 44:54, hear an all-new episode of What Are Your Thoughts with Josh and Michael Batnick! This episode is sponsored by Rocket Money and Public. . Visit: http://public.com/compound and discover how you can lock in a 6+% yield until 2028. . Cancel your unwanted subscriptions today by visiting: http://rocketmoney.com/compound Sign up for The Compound newsletter and never miss out: https://www.thecompoundnews.com/subscribe Instagram: https://instagram.com/thecompoundnews Twitter: https://twitter.com/thecompoundnews LinkedIn: LinkedIn: https://www.linkedin.com/company/the-compound-media/ Public Disclosure: A Bond Account is a self-directed brokerage account with Public Investing, member FINRA/SIPC. Deposits into this account are used to purchase 10 investment-grade and high-yield bonds. The 6.9% yield is the average annualized yield to maturity (YTM) across all ten bonds in the Bond Account, before fees, as of 8/28/2024. A bond’s yield is a function of its market price, which can fluctuate; therefore a bond’s YTM is “locked in” when the bond is purchased. Your yield at time of purchase may be different from the yield shown here. The “locked in” YTM is not guaranteed; you may receive less than the YTM of the bonds in the Bond Account if you sell any of the bonds before maturity, or if the issuer calls or defaults on the bond. Public Investing charges a markup on each bond trade. See public.com/disclosures/fee-schedule Bond Accounts are not recommendations of individual bonds or default allocations. The bonds in the Bond Account have not been selected based on your needs or risk profile. You should evaluate each bond before investing in a Bond Account. The bonds in your Bond Account will not be rebalanced and allocations will not be updated, except for Corporate Actions. Fractional Bonds also carry additional risks including that they are only available on Public and cannot be transferred to other brokerages. Read more about the risks associated here: public.com/disclosures/fixed-income-disclosure and here: public.com/disclosures/apex-fractional-bond-disclosure. See public.com/disclosures/bond-account to learn more. 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

Ladies and gentlemen welcome to the compound and friends tonight's show is brought to you by the good folks at public

0:06.7

public is rolling out a bond account that is meant to help investors preserve the high rates of interest they had previously

0:16.3

been earning in money market funds and short-term treasuries.

0:20.9

Now that the Fed is cutting rates, public has unveiled a new solution. Of course, there are

0:26.2

different risk factors and different drivers of performance. So to learn more, go to public.com.

0:31.6

Also like to thank Rocket Money. Rocket Money is a personal finance

0:35.8

app that helps people cancel unwanted subscriptions and build their savings.

0:41.6

Please go to rocket money.com

0:44.4

slash compound to learn more about how you can become one of the millions and

0:50.6

millions of users who are saving money as a result of using rocket money.

0:55.0

Tonight's show is a really good one.

0:57.2

We had Nick and Jessica come by.

1:00.0

So Nick Coles and Jessica Rabe are friends of mine.

1:02.6

They are two of the smartest people I know on Wall Street.

1:05.8

We get amazing feedback from you guys every time we link up.

1:10.0

And I love to hear that because I personally learn a lot from talking to Nick and Jessica.

1:15.4

So the fact that the audience is into it too is like a double bonus and super excited to bring you

1:22.0

the latest conversation that we had.

1:24.8

Then we're doing, what are your thoughts?

1:25.9

It's Michael Batnick, it's me, it's a whole lot of stuff happening.

1:29.5

We had this upside explosion in China stocks today. China is something that we really haven't talked

1:35.1

about in a while, but I think this certainly bears watching. We've had a really big catalyst

...

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