This episode is sponsored by Public. Make your savings work harder and earn an industry-leading 5.1% APY with a high-yield cash account on Public. Visit www.public.com/ to learn more!
I think the Jill S.audience laugh track was key to this episode. But in all honesty, fantastic episode Alicia is a great guest. Definitely have her back.
Arguably, the BEST show you guys have ever done. I watched it twice, to get it all…👀 Alicia was really, REALLY knowledgeable: probably because she runs $300 Billion and has to address these issues daily. Both Josh and Mike were loaded with the ‘right questions.’ “What are you telling your clients when they say XXXX….” "When they complain about XXX...“ "How do you see the current XXX…” Have that lady back! 💃🏽
Great episode. Three places to get pretty much all you need to listen to and read. The Compound, Ed Yardeni and Datatrek. Literally drop the Mic. Incredible take on reality. They are the truth tellers. Nobody can predict the future but you can have a vision of it. They do the best job.
Alicia was awesome! She particularly did a great job when Josh asked her to expound a bit more on a couple of her thoughts. It just made so much sense. You all are doing an awesome job with this channel. Appreciate you all!
Josh has some great one-liners, I need to count them on the next episode. Love the cold open and recommendations as the appetizer and dessert of these weekly feasts.
Great show once again. Request to have Dr. Scott Galloway as a guest. Everyone slept on Apple with AI. They have 2 billion installed base that upgrades every 3-4 years. Marriage of software and hardware is how money will be made with AI. They are bringing AI to teens and grandmas around the world by making it secure, private, and easy to use.
After the Stephanie Link episode i thought no way you're going to top that. And you did. Another brilliant mind, needs no phone or laptop to assist. 300 billion aum. Wow.
Great title for this episode. In the last 100 years, the USD is upper left to lower right; US stocks lower left to upper right. As the Fed inflates, High Quality stocks, High Quality Real estate and High Quality crypto HAS TO GO UP. We have a long runway ahead, friends! Great show, great guests as always 💣👍
Batnick pounding the table over inflation being "already at target" sounds exactly like Ben pleading for Powell to "just cut already." Makes me think inflation is about to spike again just like it did the previous time.
Please keep teach'n. I'm a 54 year old angry man. I wish so much I was in front of econ, investing, and trading at a younger age. Thanks. (golf tip... swing hard incase you hit it)
I don’t think house prices will go down if interest rates go down. Maybe they just stay where they are for longer instead of increasing earlier because of anchoring.
I think one thing being over looked is that the FED is also full of retirement age wealthy individuals that love to get 5% on their cash. You think they’re eager to start cutting into their vacation slush funds ?
Thanks. I’m on week 5 and I’m throwing the rest out. If I work out and eat less without the gpl-1 I’ll lose weight without the long term side effects of the gpl-1. N brainer Been following the micro dosing recommendations but this just has too much downside
Equalize income wages with regards to productivity... Problem being the federal minimum wage has not been raised since 2009. It's $7.25... corporate CEOs have still seen 60% pay raises in the same time. I am saying corporate greed. Ceos should not be making 4 or 500 times employment salaries
why do I read often on the internet articles that say 3 companies to must own for high dividend returns. I read the articles and they recommend companies like Walmart with a 1.25% yield at a near all time high?
You have to remember the Fed doesn’t look at new rents. It’s rents that people are paying which will be much stickier, tenured residents are still catching up to market rates and will for some time
The obvious solution to the problems being discussed here is obvious but won't happen. It's quite clear that the only way to make sense of this economy is a transfer of wealth via taxes and transfer from asset owners to non asset owners. I mean imagine if for families that gift down payment money that money was heavily taxed and used to buy down the rates for FTHBs? Also I don't like this idea that it's just how it is that you'll never make wealth through your salary. That's the world we've lived in where capital appreciates faster than salaries grow, But that's not actually necessary persay. We could have an economy in the future if there's demographics that drive it where wages grow as a percent faster than capital appreciates. I mean imagine if the tables were turned and equities averaged 2% real growth and wages averaged 8%.
What’s a sonnet? 😂😂 Batnick is a beaut. I am willing to bet he had the word corset in his head, else I myself am having a Michael moment. And Duncan, when did you have Scott Galloway? Was I not -aging attention one of the weeks?
@@TheCompoundNews Oh that’s also highly probable. Only he knows so he must draw us pictures, but that was classic Michael 😂. Thanks for the link, I will check it out
I understand why we talk about percents when it comes to wages and inflation, but percents are not dollars. Grocery up 27% is different than housing up 27%. As it’s probably vastly different than wages up 27%. Most percents cannot keep up with prices when they are so high. And that’s where some prices are.
People hate inflation more than unemployment because I can't look into the mirror and see that I am the reason for inflation. If I am unemployed, I can look into the mirror and KNOW that I am the reason.🥳🥳🥳🥳🥳🥳✌️✌️✌️✌️✌️
@@midwestcannabis I wasn’t being sarcastic, it is genuinely an interesting take. I did lol at the emoticons at the end of a comment talking about getting laid off though.
Most of the meme stock enthusiasts don't understand anything about the stock market and will lose money because of that then decide to never buy stocks
Unemployment is a problem for certain people, the unemployed person and the people who depend on that person's income. But not everyone is affected. Inflation is a tax on everyone, especially the 9% inflation of just a few short years ago.
Spends 5 minutes talking about how the fed waved the magic wand to ensure all fdic deposits are covered because they couldn't stomach a recession Batnick: The market is rigged to stay up, not in a manipulated way 😂.
@45:25 I agree with Josh here, however he failed to mention that in the 1980's we weren't in $30 TRILLION dollars of debt (and counting). Which in my humble opinion has a much bigger influence on where interest rates head going forward. IDC if the Fed is "apolitical" our national debt is ABSOLUTELY a consideration when setting rates no one can convince me otherwise.
Equity prices are a leading economic indicator and you can bet fed governors are watching. They need to ease rates quickly but not enough to revert the inverted treasury interest spread since that would cause a recession as proved by history . 😮
This is why I love and hate the restaurant reviews on Google. So Josh said Resdora is 7th best in the world. Google restaurant goers give it 4.3. 😂 I am still going next time in new York.
Aapl: I’ve heard who’s going to buy if if everyone who was going to buy it already bought it - that was at a trillion. Same for Microsoft But if I buy, it’s the top! Don’t worry, I’m not buying nvda, so no top yet. I’ll let you know when I sell my full bags of Tesla at a loss to go all in on nvda, that will be the top.
This episode is sponsored by Public. Make your savings work harder and earn an industry-leading 5.1% APY with a high-yield cash account on Public. Visit www.public.com/ to learn more!
96 ! Wow 🎉 Congrats
Watching the Compound every Friday is a real treat to end my week.
It’s a bummer in one sense though…several more days until WAYT. 😢
Saturday morning on the beach for me. A staple going forward
It’s the best show on TH-cam!
"So dovish he's like a Prince video" may be the greatest line ever.
Alicia Levine was a fabulous guest, and incredibly interesting and informative! Thanks guys!
Agreed, great guest!
But She’s wrong about 6/7 years being up years. Batnick is right it’s 70%
Everytime I look at how long the show is and I think I'll never watch the whole thing and each time I do. Great show.
I think the Jill S.audience laugh track was key to this episode. But in all honesty, fantastic episode Alicia is a great guest. Definitely have her back.
Arguably, the BEST show you guys have ever done. I watched it twice, to get it all…👀
Alicia was really, REALLY knowledgeable: probably because she runs $300 Billion and has to address these issues daily.
Both Josh and Mike were loaded with the ‘right questions.’ “What are you telling your clients when they say XXXX….” "When they complain about XXX...“ "How do you see the current XXX…”
Have that lady back! 💃🏽
Great episode. Three places to get pretty much all you need to listen to and read. The Compound, Ed Yardeni and Datatrek. Literally drop the Mic. Incredible take on reality. They are the truth tellers. Nobody can predict the future but you can have a vision of it. They do the best job.
Datatrek is indeed great.
Best Compound I've watched. Man, Alicia was fantastic. Downtown Brown bringing his A game. Thanks again to your informative pod.
You know the episode is fire when it flies by
I love hearing Jill in the background! She’s the best!
Alicia was awesome! She particularly did a great job when Josh asked her to expound a bit more on a couple of her thoughts. It just made so much sense. You all are doing an awesome job with this channel. Appreciate you all!
Such a great episode. Need to have her back. Went by so quick. Plus she’s smart
She was on fire this show. Spot on at 37:30 discussing the absolute price levels vs the current reported inflation rates
She was a great guest. Very knowledgable
The Compound with another banger of an episode - such consistently great content and with the most knowledgeable, engaging and entertaining guests
The last 10 minutes of this show made me a sub!!!
Welcome to the team!
Great show!! Bring her back!
Loved this guest! Very likeable.
This was a top 5 episode for me. Alicia is fantastic.
Not to take anything away from the All-In Pod, but The Compound And Friends is way better! 🥳🥳🥳🥳🥳🥳🥳🥳
Honestly this. I like the all-in pod but for the past couple of years it seems like they talk about anything but markets.... :/
All-in loves talking their book / special interests. Feels like they're always trying to sell you something. TCAF is more about sharing info
@@shsal110 Right On Bud! 🥳✌️
Party On With THE COMPOUND AND ALL MY FRIENDS! 🥳✌️✌️✌️✌️🥳✌️🥳🥳🥳🥳🥳✌️✌️✌️✌️✌️
Cracking a cold one for the Compound!!
Josh has some great one-liners, I need to count them on the next episode. Love the cold open and recommendations as the appetizer and dessert of these weekly feasts.
The '2 % target' is not a target of hitting 2%. It's a goal of achieving an average of 2% inflation 'over time'.
It is a dream! Goals have deadlines; 2% target with no deadline.
@@bibbidi_bobbidi_bacons The professionals call it 'Jawboning' or 'Forward Guidance.' 🤣
Loved the behind the scenes start! Felt a part of you!!❤
She. Was. Fire. Bring her back.
Super smart guest! Great show guys
Thank you!
What a fantastic guest! Bring her back.
First time listening. Big fan of Josh and I’ve subscribed. Will be listening each time now!! Great find
great guest
Love the show, and the 80’s picture at the end.
Great show once again. Request to have Dr. Scott Galloway as a guest. Everyone slept on Apple with AI. They have 2 billion installed base that upgrades every 3-4 years. Marriage of software and hardware is how money will be made with AI. They are bringing AI to teens and grandmas around the world by making it secure, private, and easy to use.
Saturday evening watch.Thanks everyone.
Fantastic guest! Not hard to see why Alicia and Jill are friends. Love them both!!
Goes without sayin', but I'll say it anyway. Great show!
1:13 fake croquet balls 😂 😂
After the Stephanie Link episode i thought no way you're going to top that. And you did. Another brilliant mind, needs no phone or laptop to assist. 300 billion aum. Wow.
Great show!
Alicia said buy the S&P 500 and never sell. Reminds me when I saw a Nick Murray keynote: buy the S&P every month and never sell.
Great title for this episode. In the last 100 years, the USD is upper left to lower right; US stocks lower left to upper right. As the Fed inflates, High Quality stocks, High Quality Real estate and High Quality crypto HAS TO GO UP. We have a long runway ahead, friends! Great show, great guests as always 💣👍
Batnick pounding the table over inflation being "already at target" sounds exactly like Ben pleading for Powell to "just cut already." Makes me think inflation is about to spike again just like it did the previous time.
Great show guys
great show and guest!
"It pays to be a contrarian" frfr straight bussin advice.
I really fuckin love this show!!!
Thanks 🙏🏼
6:36 always check your beneficiaries (and your clients) there are horror stories I have seen over the years, and it can be very sad.
Money market at 5.31% is still a huge buy. Especially after an enormous market rally.
Two things I look forward to this weekend. #1 TCAF #2 HOTD
HOTD...? H____ of the day? 🤔
I wish there were vampires. Muhahaha
🦇🧛♀️🧛♀️🧛♂️🧛♂️🧛♂️🧛♂️
Nice public add to get 5.1% on the get out of cash episode
Wonderful guest. Love the show and great job as usual. Best show in finance.
Josh is so good
Please keep teach'n. I'm a 54 year old angry man. I wish so much I was in front of econ, investing, and trading at a younger age. Thanks. (golf tip... swing hard incase you hit it)
Im surprised Josh didn't realize that Billie is fine But Finneas is the real talent
You guys are awesome 👏🏻 Thank you ❤
I don’t think house prices will go down if interest rates go down. Maybe they just stay where they are for longer instead of increasing earlier because of anchoring.
I think one thing being over looked is that the FED is also full of retirement age wealthy individuals that love to get 5% on their cash. You think they’re eager to start cutting into their vacation slush funds ?
Excellent discussion
Thanks. I’m on week 5 and I’m throwing the rest out. If I work out and eat less without the gpl-1 I’ll lose weight without the long term side effects of the gpl-1. N brainer Been following the micro dosing recommendations but this just has too much downside
Great f episode, as usual. 💯 appreciate Alicia’s insights & the topics of discussion. Thx 🙏
Definitely. Everyone get out of holding any cash so we can get the last pop out of this thing then we can get out before the election drama.
Great episode! You three are in legit sync
39:42 michael once again disconnected from reality and shoutout josh brown for the 'you went to Harvard' reality check
“Did you know 65% of Americans believe in vampires?” LMAOOO
The telling item in the opening story, she kept it for 40 years. LOL
bonnet michael. old timey hat for the ladies.
Exactly, invest or die! That's is 100% correct. Fund your 401k, 403b, Roth IRA, Roth 401k, etc. You must start early and often.
Equalize income wages with regards to productivity... Problem being the federal minimum wage has not been raised since 2009. It's $7.25... corporate CEOs have still seen 60% pay raises in the same time. I am saying corporate greed. Ceos should not be making 4 or 500 times employment salaries
What the best way to invest in bonds?
Watching the Fed presser during the cold open might break Michael's brain
That was such a good episode.
why do I read often on the internet articles that say 3 companies to must own for high dividend returns. I read the articles and they recommend companies like Walmart with a 1.25% yield at a near all time high?
Batman and Downtown... cant not love these gize
Why are institutions dumping bank stocks?
Hey Batnick, a sonnet is a 14-line poem usually written in iambic pentameter. Just sayin'.
You have to remember the Fed doesn’t look at new rents. It’s rents that people are paying which will be much stickier, tenured residents are still catching up to market rates and will for some time
Unemployment directly affects 3 people out of 100, inflation affects 100 people out of 100. The math is simple and overwhelming.
The obvious solution to the problems being discussed here is obvious but won't happen. It's quite clear that the only way to make sense of this economy is a transfer of wealth via taxes and transfer from asset owners to non asset owners. I mean imagine if for families that gift down payment money that money was heavily taxed and used to buy down the rates for FTHBs?
Also I don't like this idea that it's just how it is that you'll never make wealth through your salary. That's the world we've lived in where capital appreciates faster than salaries grow, But that's not actually necessary persay. We could have an economy in the future if there's demographics that drive it where wages grow as a percent faster than capital appreciates. I mean imagine if the tables were turned and equities averaged 2% real growth and wages averaged 8%.
What’s a sonnet? 😂😂 Batnick is a beaut. I am willing to bet he had the word corset in his head, else I myself am having a Michael moment. And Duncan, when did you have Scott Galloway? Was I not -aging attention one of the weeks?
Haha, I was thinking maybe he thought "bonnet," but who knows. We had Scott on a month ago, here it is: th-cam.com/video/NL3z9T5XwIo/w-d-xo.html
@@TheCompoundNews Oh that’s also highly probable. Only he knows so he must draw us pictures, but that was classic Michael 😂. Thanks for the link, I will check it out
I understand why we talk about percents when it comes to wages and inflation, but percents are not dollars. Grocery up 27% is different than housing up 27%. As it’s probably vastly different than wages up 27%. Most percents cannot keep up with prices when they are so high. And that’s where some prices are.
The title is, as Josh would say a top.
Do you guys have matching rolex Daytonas!?
People hate inflation more than unemployment because I can't look into the mirror and see that I am the reason for inflation. If I am unemployed, I can look into the mirror and KNOW that I am the reason.🥳🥳🥳🥳🥳🥳✌️✌️✌️✌️✌️
Interesting take.
@@anothername2730 🤷♂️🤣, That whole thing doesn't make me sound very smart. That first sentence really sucked grammarwise.🤭
@@midwestcannabis I wasn’t being sarcastic, it is genuinely an interesting take. I did lol at the emoticons at the end of a comment talking about getting laid off though.
They’re trying to blame us for inflation too, because we ask too much salary
Inflation lasts a lot longer than unemployment. MWC, the Sage of The Compound.
30:16 Down Town JB lol 🧛♂️
Go Phils ! ⚾️
Also you think inequality started rising in 2009? All the data say late 70s / early 80s.... Weird.
Coincided with leaving the gold standard. Inflation is a massive burden for consumers, and a boon for asset holders.
Sonnett's, corsets, it's all the same.... 🤔🤣
I was at a Menlo Park restaurant today and a bagel was $26
We got 2 Poboy sandwiches with sides for that in NC yesterday 😊
Most of the meme stock enthusiasts don't understand anything about the stock market and will lose money because of that then decide to never buy stocks
Batnick nice watch
Unemployment is a problem for certain people, the unemployed person and the people who depend on that person's income. But not everyone is affected.
Inflation is a tax on everyone, especially the 9% inflation of just a few short years ago.
Spends 5 minutes talking about how the fed waved the magic wand to ensure all fdic deposits are covered because they couldn't stomach a recession
Batnick: The market is rigged to stay up, not in a manipulated way 😂.
@45:25 I agree with Josh here, however he failed to mention that in the 1980's we weren't in $30 TRILLION dollars of debt (and counting).
Which in my humble opinion has a much bigger influence on where interest rates head going forward.
IDC if the Fed is "apolitical" our national debt is ABSOLUTELY a consideration when setting rates no one can convince me otherwise.
get Liz on there!
Buckets of interest $ coming in.....then my taxes went way up. you guys never mention this unfortunate reallity.
I fell for 5% in a fintech account. I should have bought 5% treasuries at Fidelity instead, to skip the state taxes. 🤦
Housing and food is that ever looked at in relation to inflation. Feel like there’s a hidden story out there on how people are feeling.
Equity prices are a leading economic indicator and you can bet fed governors are watching. They need to ease rates quickly but not enough to revert the inverted treasury interest spread since that would cause a recession as proved by history . 😮
This is why I love and hate the restaurant reviews on Google. So Josh said Resdora is 7th best in the world. Google restaurant goers give it 4.3. 😂 I am still going next time in new York.
Aapl: I’ve heard who’s going to buy if if everyone who was going to buy it already bought it - that was at a trillion. Same for Microsoft
But if I buy, it’s the top! Don’t worry, I’m not buying nvda, so no top yet. I’ll let you know when I sell my full bags of Tesla at a loss to go all in on nvda, that will be the top.
Josh Brown is not that funny! J/k, he actually is! Tuesday's & Friday's compound r my go-to podcast! Great show as usual 👏