Why Americans Hate Joe Biden’s Economy

The Compound and Friends

Josh Brown

Business News, News, Investing, Business

4.7 • 2.2K Ratings

🗓️ 15 November 2023

⏱️ 108 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

On this episode of TCAF Tuesday, Michael Batnick and Downtown Josh Brown are joined by Rob Copeland to discuss his new book "The Fund: Ray Dalio, Bridgewater Associates, and the Unraveling of a Wall Street Legend." Thanks to YCharts for sponsoring this episode. Sign up for the YCharts year end webinar with Michael and Ben here: https://ycharts.zoom.us/webinar/register/1316977225613/WN_ZwvEURfASPK06-zAxVKEWA#/registration 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

Click on a timestamp to play from that location

0:00.0	Ladies and gentlemen welcome to the compound and friends. What a difference one
0:05.8	benign CPI report can make just an explosive rally on Wall Street. We had a
0:13.0	CPI print that basically said absent shelter. There is no
0:17.6	inflation really anywhere worth speaking of. I know shelter is a really
0:22.2	big component but even that is headed in the right
0:24.8	direction and energy prices fell substantially and we just got like a Goldilocks inflation report from the Bureau of Labor Statistics and stocks went wild,
0:37.2	specifically anything that has a dividend, anything that's been beaten down because of concerns about how high interest rates would go.
0:46.7	Small caps went crazy.
0:47.9	It's just been a hell of a day.
0:49.7	We're going to talk about it with Michael Batnick,
0:52.8	within an all-new, What Are Your Thoughts segment?
0:54.9	But before we go there, we spoke with Rob Copeland
0:58.2	this week as well.
0:59.4	Rob is a Wall Street Journal reporter
1:01.8	who's been covering hedge funds, specifically
1:04.2	Bridgewater and we talked to him about his new book which just came out called
1:08.6	the Fund and the Fund is a wild collection of stories from inside the world's most successful
1:16.1	hedge fund, largest hedge fund, however you want to phrase it.
1:20.3	Ray Dahlia, the founder, did not want this book to come out.
1:23.8	I have nothing but respect and admiration for Ray.
1:27.2	I don't really know how many of these stories are true.
1:30.8	The book seemed to be very heavily sourced and Rob is a serious reporter. He
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Josh Brown, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Josh Brown and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.