Why Gas Prices Can’t Wreck the Market

The Compound and Friends

Josh Brown

Business News, News, Investing, Business

4.7 • 2.2K Ratings

🗓️ 3 April 2026

⏱️ 74 minutes

🔗️ Recording | iTunes | RSS

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Summary

On episode 236 of The Compound and Friends, ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Michael Batnick⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Downtown Josh Brown⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ are joined by Alexandra Semenova and Dan Greenhaus to discuss: oil prices and the market's reaction, the SpaceX IPO, V-shaped recoveries, the opportunity in private credit, the worst stock ever, and much more! This episode is sponsored by Aberdeen Investments and ClearBridge Investments. Learn more at https://www.aberdeeninvestments.com/active-etfs Find out more at https://www.clearbridge.com/ Sign up for The Compound Newsletter and never miss out: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠thecompoundnews.com/subscribe⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Instagram: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠instagram.com/thecompoundnews⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Twitter: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠twitter.com/thecompoundnews⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ LinkedIn: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠linkedin.com/company/the-compound-media/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ TikTok: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠tiktok.com/@thecompoundnews⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ 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	Guys, are we having fun this spring in the markets? I think so. A little bit? A little bit. It's got, I think this year's more, I mean, there's more volatility, but I think it's more interesting than last year. I thought it was fun up until March 1st. Okay. The war stuff is not that much fun. No. I mean, I think at the index level, we're actually not doing all that much, which is so interesting to me. I think it's flat. Yeah, it's... Like literally. You would think that we're in much deeper sell-off, given the fact that we've had private credit concerns, AI disruption, this war now, but... I agree. There's more yelling and screaming than what the index level would actually
0:40.0	lead you to believe is happening.
0:42.2	So, but that's good, though.
0:44.6	A lot of putting in that hollering.
0:47.1	So Dan, basketball league guy.
0:49.5	Same, I don't play, but I'm in one.
0:50.6	I was in two leagues last year.
0:53.4	How you're ACLs? I'm fine, but true story. When I joined this league, the first play of the first game in which I was not, I was watching. The first play of the first game that I saw, a guy tore his ACL. Like immediately. First play of the first game. Like the guy of the Celtics back in the day. Gordon. Reggie Theis? Now, Gordon. Oh, yes. From Utah. Yeah, that was ugly. Oof.
1:14.6	Oof.
1:11.3	O. game. Like the guy in the Southics back in the day. Gordon Howard. Reggie Theis? No, Gordon. Oh, yes.
1:11.8	Hey, from Utah.
1:12.7	Yeah, that was ugly.
1:13.7	Oh, oof.
1:14.8	Oof.
1:15.1	Yeah.
1:15.5	So if you don't do that, you're definitely going to do like a, um, a disc thing.
1:20.6	Not you.
1:21.8	Proverbially.
1:22.8	Like, thanks for the.
1:23.6	No, no, no, not you. People in their 40s playing, like, aggressively playing basketball. It's like Russian roulette. Yeah, that's fair. But we have a somewhat aggressive league, so. Oh, you do? So I just say, like, you get to control how aggressive you play. Well, to some degree, but I also have an uncontrollable bout of anger every once in a while. Yeah, I see you as like being very competitive.
1:45.2	Yeah, I went, this doesn't matter. No, it matters. It matters. I'm only in one league now because I went to the other league and they didn't. They didn't want you. Are you too physical? They don't appreciate the aggressiveness just as much. That's very on brand. No, me too. I like to back with the boys.
1:59.6	What are we doing?
	...

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