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The Compound and Friends

The Biggest Mystery on Wall Street

The Compound and Friends

Josh Brown

Business News, News, Investing, Business

4.72.2K Ratings

🗓️ 19 September 2023

⏱️ 98 minutes

🧾️ Download transcript

Summary

On this TCAF Tuesday, Zeke Faux joins Downtown Josh Brown to discuss his new book Number Go Up: Inside Crypto's Wild Rise and Staggering Fall. Then, join Josh and Michael for an all-new episode of What Are Your Thoughts and see what they have to say about the biggest topics in investing and finance! On this episode they discuss: when the recession will arrive, earnings season takeaways, oil prices, the Schwab/TD transition, the ARM IPO, and much more! Thanks to YCharts for sponsoring this episode! Click the link below to register for YCharts’ webinar with Nick Maggiulli if you want to learn more about Proposals, and get 20% off your initial subscription when you start your free YCharts trial: https://ycharts.zoom.us/webinar/register/7416928946879/WN_OD3x5xyzQ7qWTrtGDChLFA#/registration Watch this episode on YouTube: https://youtube.com/live/14rodMs08YA Check out the latest in financial blogger fashion at The Compound shop: https://www.idontshop.com 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. Wealthcast Media, 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 on tonight's show.

0:03.9

We talk to Zeke Fox.

0:06.4

Zeke is a Bloomberg reporter.

0:09.0

He investigates financial frauds and over the past couple of years,

0:14.4

he has been around the world hanging out in the Bahamas with Sam Bankman Freed,

0:20.3

busting Chinese gangsters in Cambodia, who are, I guess, selling women for tether.

0:27.1

I don't know. This is one of the craziest financial books to have come out in a long time.

0:32.3

It's actually coming out this week. Zeke is one hell of a reporter.

0:36.9

This guy is fearless and he is funny.

0:40.6

And we had such a great time talking about number go up, which is the name of the book.

0:46.0

And you will definitely be hearing more about that.

0:48.9

And then we did an all new episode of what are your thoughts?

0:52.4

Michael Batnik and I tackling the biggest mystery on Wall Street.

0:57.3

You'll have to listen to hear what that is.

0:59.7

I think we had some decent solutions or answers to the mystery.

1:04.4

But we'll let you be the judge of that.

1:06.1

We talked about where the hell is this recession already?

1:09.7

We talked about, let's say, leverage loans.

1:13.7

We got into WTI crude rallying to a 10-month high.

1:18.3

Oil is now $90 plus a barrel.

1:21.7

Gasoline that the pump is going up.

1:23.6

Will that lead to the next recession?

...

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