Neil Dutta & Skanda on Why the Recession Signals Are All Wrong
6/5/20261 hr 10 min
On episode 245 of The Compound and Friends, Michael Batnick and Downtown Josh Brown are joined by Neil Dutta and Skanda Amarnath to discuss: the AI investment boom, the state of the labor market, inflation risks, consumer spending, Fed policy, market breadth, whether this cycle is as unusual as it feels, and much more! This episode is sponsored by Nuveen and ClearBridge Investments. Learn more about Nuveen’s comprehensive private markets platform at https://www.nuveen.com/en-us/insights/alternatives. Rising geopolitical tensions, continued market uncertainty, stocks backed by can offer more predictable cash flows as volatility increases. To learn more, go to 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
Clips
Transcript preview
First 90 secondsMichael Batnick· Host0:00
How the hell did you get on that flight? Like, what was the deal?
Neil Dutta· Guest0:02
So, um, uh, I called my broker and I said- Is your broker's name Jason? No, no.
Michael Batnick· Host0:11
Okay.
Neil Dutta· Guest0:11
His name is John. Um, I'm not going to, uh, tell the firm- [laughs] ... out of respect. Uh, but anyway, um, uh, I s- I go to him. I'm like, "I want tickets to game three, so make that happen. I know you guys can do it, so hook me up." And h- and he goes, "There's no way we can do that." And he's like, "Give me a minute." So he comes back with this opportunity, which is, like, they call it the Knicks Flyaway Experience, basically. So, um, my wife and I were able to go... Um, they put us in a chartered plane, like a commercial, like, Delta plane. They flew us to San Antonio. They fed us.
Michael Batnick· Host0:55
Was it all, it was all Knicks fans?
Neil Dutta· Guest0:57
All Knicks fans.
Michael Batnick· Host0:58
Unbelievable.
Neil Dutta· Guest0:58
Meet and greet. I met Clyde, John Starks. King Henrik was there.
Michael Batnick· Host1:05
Amazing.
Neil Dutta· Guest1:06
Yeah.
Michael Batnick· Host1:06
On the, on your flight?
Neil Dutta· Guest1:07
Yeah.
Speaker 31:07
Shout out, Rangers.
Neil Dutta· Guest1:08
Um, and you know, they all spoke. Um, then we went to the game.
Michael Batnick· Host1:14
And the Knicks put you on their Instagram.
Neil Dutta· Guest1:15
That was, that was a, yeah, that was like a main moment for me.
Michael Batnick· Host1:19
Your wife must, your w- and your wife... Look at, look at this handsome devil. [laughs] Look at this cute couple. What a f- what a freaking photo.
Neil Dutta· Guest1:25
Um, yeah, that was great. No, I, I, I mean, yeah, that was- Did you show your kids yet? Oh, yeah, they saw.