Socialist Mayors, AI vs Labor With Callie Cox, Falling Knife Stocks

The Compound and Friends

Josh Brown

News, Business, Business News, Investing

4.8 • 1.9K Ratings

🗓️ 5 August 2025

⏱️ 115 minutes

🔗️ Recording | iTunes | RSS

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Summary

On this TCAF Tuesday, Josh is joined by Garrett Baldwin to discuss the socioeconomic factors behind why the stock market is making record highs but young people are embracing socialism in their political choices. Then at 42:08, hear an all-new episode of What Are Your Thoughts with ⁠⁠⁠⁠⁠Downtown Josh Brown⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠Michael Batnick ⁠⁠⁠⁠⁠ with a special appearance by Ritholtz Wealth Chief Market Strategist Callie Cox! This episode is sponsored by Public. Fund your account in five minutes or less by visiting https://public.com/WAYT Sign up for ⁠⁠⁠⁠⁠The Compound Newsletter⁠⁠⁠⁠⁠ and never miss out! Instagram: ⁠⁠⁠⁠⁠https://instagram.com/thecompoundnews⁠⁠⁠⁠⁠ Twitter: ⁠⁠⁠⁠⁠https://twitter.com/thecompoundnews⁠⁠⁠⁠⁠ LinkedIn: ⁠⁠⁠⁠⁠https://www.linkedin.com/company/the-compound-media/⁠⁠⁠⁠⁠ TikTok: ⁠⁠⁠⁠⁠https://www.tiktok.com/@thecompoundnews⁠⁠⁠⁠⁠ Public 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. Alpha is an experimental AI tool powered by GPT-4. Its output may be inaccurate and is not investment advice. Public makes no guarantees about its accuracy or reliability—verify independently before use. *Rate as of 6/24/25. APY is variable and subject to change. 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. I am your host, downtown Josh Brown,
0:05.9	and I would love to tell you about tonight's sponsor, Public. Public is the investing platform
0:11.7	for those who take it seriously. You can build multi-asset portfolio of stocks, bonds, options,
0:17.6	crypto, and more. I have the public app on the home screen of my phone.
0:22.6	Screen one, no swipes.
0:24.8	And super easy.
0:26.5	I use it for cash.
0:27.8	I use it to accumulate crypto.
0:30.9	I use it for all different things.
0:33.0	And it just, it works.
0:35.2	I don't know how else to put it.
0:36.3	If you want to find out more about how you can open a public account, go to public.com
0:42.0	slash W-A-Y-T, as in what are your thoughts paid for by public investing?
0:48.8	Full disclosures in podcast description.
0:51.9	Tonight's show is a big one.
0:53.2	I know I say that every week, but they're all big to me.
0:55.4	We talk to Garrett Baldwin about the roots of why with stocks hitting all-time highs,
1:04.4	young people are choosing socialist mayoral candidates in cities all over the country.
1:12.8	So it's kind of hard to understand how we go from, I don't know, millions of brokerage accounts being opened by young people
1:19.2	to votes being cast for those who don't believe in capitalism. And Garrett's got some
1:27.0	really good insight into what's happening.
1:30.5	And we trace it back really 30 years.
	...

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