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The Compound and Friends

Stock Market Freakout, Claudia Sahm on the Sahm Rule, Buffett Sells Apple

The Compound and Friends

Josh Brown

Business, News, Business News, Investing

4.72.2K Ratings

🗓️ 6 August 2024

⏱️ 88 minutes

🧾️ Download transcript

Summary

On this TCAF Tuesday, Josh Brown is joined by Claudia Sahm, Chief Economist at New Century Advisors and Founder of Sahm Consulting for a deep dive into the Sahm Rule and how it's shaking up the market. Then, at 27:18, hear an all-new episode of What Are Your Thoughts with Josh and Michael Batnick! Thanks to Public and YCharts for sponsoring this episode! Visit https://public.com/ to learn more about how you can earn 5.1% APY with a high-yield cash account. Subscribe to the YCharts Advisor Pulse, and remember, get 20% off your initial YCharts Professional subscription when you start your free trial through The Compound (new customers only). Sign up at: https://go.ycharts.com/compound Sign up for The Compound newsletter and never miss out: https://www.thecompoundnews.com/subscribe Check out the latest in financial blogger fashion at The Compound shop: https://www.idontshop.com Instagram: https://instagram.com/thecompoundnews Twitter: https://twitter.com/thecompoundnews LinkedIn: LinkedIn: https://www.linkedin.com/company/the-compound-media/ 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/ Public Disclosure: 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. See https://public.com/#disclosures-main for more information. 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 the show is brought to you by why charts at

0:05.2

where it holds wealth management we are power users of why charts we are on their morning

0:11.4

noon and night, generating data, research, insights that we can share with our clients.

0:17.6

Subscribers to the YCharts Advisor Pulse get direct access to all sorts of market and economic trends and actionable

0:25.5

insights you can actually share directly with your clients. It's a really

0:29.6

great tool I urge you to check it out if you're a financial advisor and you sign up for the

0:34.7

first time to WhyCharts Advisor Pulse. You will get 20% off your initial WhyCharts

0:41.9

professional subscription by telling them that you were sent by

0:46.0

the compound.

0:47.0

So make sure you go ahead and do that.

0:48.8

Thank you so much to WhyCharts.

0:50.8

On tonight's show, Action Pact as always, but this has been a pretty big couple of days.

0:56.0

Michael Bannick and I cover the entirety of this week's sell-off from every conceivable angle.

1:03.5

We look at the YEN Carry Trade Unwind.

1:06.0

We look at some of the disappointing numbers, quote-unquote disappointing numbers

1:09.7

from the AI Giants. We talk to Claudia Somme, by the way, about the Somrul and why some of the hysteria

1:17.8

about recent trends in unemployment might be overblown or at least premature.

1:22.8

There's just so much here. I want you to hear it all.

1:25.2

I'm going to send you over right now. Welcome to the compound and friends. All opinions expressed by Josh Brown, Michael

1:38.2

Batnick and their castmates are solely their own opinions and do not reflect

1:41.8

the opinion of Red Holt's wealth management.

1:44.2

This podcast is for informational purposes only and should not be relied upon for any investment decisions.

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