Uploaded June 2026 | Updated September 2026, 3 weeks ago
On episode 248 of The Compound and Friends, Michael Batnick and Downtown Josh Brown are joined by Ryan Detrick and Sonu Varghese, of Carson Group, to discuss the biggest questions facing investors right now: the Fed, inflation, market rotation, Micron’s incredible run, semiconductor demand, small caps, gold, Bitcoin, regional banks, and whether the Mag 7 slowdown is actually bullish for the market.
They also discuss Alan Greenspan’s legacy, Fed transparency, crowded trades, equity issuance, emerging markets, and why this bull market may have more room to run than investors think.
This episode is sponsored by Nuveen.
Learn more about Nuveen’s comprehensive private markets platform at nuveen.com/en-us/insights/alternatives
►00:00 - Cold Open
►03:13 - Intro
►04:46 - Greenspan’s Legacy and The Future of The Fed
►12:53 - Is This an AI Bubble?
►22:20 - The Last Bubble Already Popped
►25:37 - Micron, Semiconductors, and The AI Trade
►30:18 - The Most Crowded Trade in The Market
►35:16 - Market Rotation Beyond The Mag 7
►39:07 - Small Caps Are Breaking Out
►41:01 - SpaceX, IPO Mania, and Investor FOMO
►43:06 - Gold, Real Yields, and Inflation
►44:33 - AI Capex vs The Dot-Com Bubble
►47:18 - Emerging Markets and The Global AI Trade
►51:13 - Equity Issuance and Shrinking Buybacks
►57:08 - Inflation, The Fed, and What Could Kill The Bull Market
►01:03:01 - Regional Banks, Bitcoin, and The Economy
👕 Check out The Compound shop: idontshop.com
🎙️Listen to our podcasts:
TCAF: podcasts.thecompoundnews.com/show/TCAF
Animal Spirits: podcasts.thecompoundnews.com/show/animalspirits
Ask The Compound: podcasts.thecompoundnews.com/show/ATC
The Compound Newsletter: thecompoundnews.com/subscribe
Linkedin: linkedin.com/company/the-compound-media
Instagram: instagram.com/thecompoundnews
Twitter: twitter.com/thecompoundnews
Tik Tok: 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. Josh Brown and Michael Batnick 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. See our disclosures here:
ritholtzwealth.com/podcast-youtube-disclosures
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 ritholtzwealth.com/advertising-disclaimers.
#thecompound #investing #stockmarket #stocks
On episode 248 of The Compound and Friends, Michael Batnick and Downtown Josh Brown are joined by Ryan Detrick and Sonu Varghese, of Carson Group, to discuss the biggest questions facing investors right now: the Fed, inflation, market rotation, Micron’s incredible run, semiconductor demand, small caps, gold, Bitcoin, regional banks, and whether the Mag 7 slowdown is actually bullish for the market.
They also discuss Alan Greenspan’s legacy, Fed transparency, crowded trades, equity issuance, emerging markets, and why this bull market may have more room to run than investors think.
This episode is sponsored by Nuveen.
Learn more about Nuveen’s comprehensive private markets platform at nuveen.com/en-us/insights/alternatives
►00:00 - Cold Open
►03:13 - Intro
►04:46 - Greenspan’s Legacy and The Future of The Fed
►12:53 - Is This an AI Bubble?
►22:20 - The Last Bubble Already Popped
►25:37 - Micron, Semiconductors, and The AI Trade
►30:18 - The Most Crowded Trade in The Market
►35:16 - Market Rotation Beyond The Mag 7
►39:07 - Small Caps Are Breaking Out
►41:01 - SpaceX, IPO Mania, and Investor FOMO
►43:06 - Gold, Real Yields, and Inflation
►44:33 - AI Capex vs The Dot-Com Bubble
►47:18 - Emerging Markets and The Global AI Trade
►51:13 - Equity Issuance and Shrinking Buybacks
►57:08 - Inflation, The Fed, and What Could Kill The Bull Market
►01:03:01 - Regional Banks, Bitcoin, and The Economy
👕 Check out The Compound shop: idontshop.com
🎙️Listen to our podcasts:
TCAF: podcasts.thecompoundnews.com/show/TCAF
Animal Spirits: podcasts.thecompoundnews.com/show/animalspirits
Ask The Compound: podcasts.thecompoundnews.com/show/ATC
The Compound Newsletter: thecompoundnews.com/subscribe
Linkedin: linkedin.com/company/the-compound-media
Instagram: instagram.com/thecompoundnews
Twitter: twitter.com/thecompoundnews
Tik Tok: 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. Josh Brown and Michael Batnick 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. See our disclosures here:
ritholtzwealth.com/podcast-youtube-disclosures
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 ritholtzwealth.com/advertising-disclaimers.
#thecompound #investing #stockmarket #stocks
