What if It’s Still Early? With Denise Chisholm
5/29/20261 hr 8 min
On episode 244 of The Compound and Friends, Michael Batnick and Downtown Josh Brown are joined by Denise Chisholm to discuss: whether AI capex is a bubble, why stocks keep climbing despite persistent skepticism, and how earnings growth is broadening beyond the Mag 7. They discuss semiconductors, margins, inflation, Fed policy, mega-IPOs, and more! This episode is sponsored by Franklin Templeton. Learn more at https://www.franklintempleton.com/munis. 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/ Franklin Templeton Disclosure: Before investing, carefully consider a fund's investment objectives, risks, charges and expenses. You can find this and other information in each prospectus, or summary prospectus, if available, at franklintempleton.com. Please read it carefully. All investments involve risk, including possible loss of principal. Franklin Distributors, LLC. Member FINRA/SIPC. Learn more about your ad choices. Visit megaphone.fm/adchoices
Clips
Transcript preview
First 90 secondsMichael Batnick· Host0:00
I saw a reel from Neil deGrasse Tyson on these being the closest thing we have to aliens. They have, like, nine hearts- Huh? ... a couple of brains.
Denise Chisholm· Guest0:08
I did not know that.
Michael Batnick· Host0:10
If you cut off their arm, it grows back and- Well, that part I knew.
Denise Chisholm· Guest0:12
I remember that. Yeah, yeah. Yeah ...
Michael Batnick· Host0:13
each one of their tentacles can see, feel, touch, smell- Really? ... taste, what?
Josh Brown· Host0:18
I don't eat- Okay ... I don't eat octopus- Okay, you don't ... but I eat calamari. I eat squid.
Denise Chisholm· Guest0:22
Okay.
Josh Brown· Host0:23
I don't know why I draw the distinction.
Denise Chisholm· Guest0:24
Yeah.
Josh Brown· Host0:25
Um- It's not that big an assumption ... but the oct- I saw a documentary- Okay, good ... about how intelligent- Yeah ... octopi are.
Denise Chisholm· Guest0:29
Yep.
Josh Brown· Host0:30
And I just- Good use of plural there. [laughs] So the problem is we go to like, we go to Kyma, we go to, like, all these, like, Mediterranean restaurants- Yeah ... and everybody gets the grilled octopus.
Denise Chisholm· Guest0:39
Yeah.
Josh Brown· Host0:39
And it's, you know, I used to like it a lot. And- But now you feel bad? That's why I'm wasting away.
Denise Chisholm· Guest0:44
Yeah.
Josh Brown· Host0:44
[laughs] Um, Denise, here's where I'm at.
Denise Chisholm· Guest0:47
Tell me.
Josh Brown· Host0:48
I don't know if this is my age or my personality. I'm now at a stage where I eat out at a restaurant- Hmm ... and I have no patience- Hmm ... for the bringing of the check routine.
Denise Chisholm· Guest1:03
Mm-hmm.
Josh Brown· Host1:03
Like, you have to flag somebody down.
Denise Chisholm· Guest1:05
Yeah.
Josh Brown· Host1:06
They come over. I'd like the check. They will be right back. They go and get it, then they come, they leave it there, then you have to sit with it for five minutes.
Denise Chisholm· Guest1:14
Yep.
Josh Brown· Host1:15
Then you put your- Please come back.
Denise Chisholm· Guest1:16
Please come back.
Josh Brown· Host1:16
[laughs] Then you put your credit card in and you're looking around for somebody.
Denise Chisholm· Guest1:19
This- I'll give it to a busboy, I don't give a shit.
Michael Batnick· Host1:21
Is this is why you own Toast?
Josh Brown· Host1:22
Hold on.
Denise Chisholm· Guest1:22
[laughs] Right.
Josh Brown· Host1:23
And then, and then they'll come take it, and then that's a mystery where do they go.
Denise Chisholm· Guest1:28
Hmm. Hmm. Hmm.
Josh Brown· Host1:28
'Cause the thing that they