Why Gas Prices Can’t Wreck the Market
4/3/20261 hr 13 min
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
Clips
Showing 10 of 11Transcript preview
First 90 secondsJosh Brown· Host0:00
Guys, are we having fun this spring in the markets?
Alexandra Semenova· Guest0:03
[applause] I think so.
Josh Brown· Host0:06
A little bit?
Alexandra Semenova· Guest0:06
A little bit.
Josh Brown· Host0:07
It's got, 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. What do you think?
Michael Batnick· Host0:13
I thought it was fun up until March 1st.
Josh Brown· Host0:15
Okay.
Michael Batnick· Host0:16
The war stuff is not that much fun.
Josh Brown· Host0:17
No.
Alexandra Semenova· Guest0:18
I mean, I think at the index level, we're actually not doing all that much, which is so interesting to me.
Michael Batnick· Host0:24
I think it's flat.
Alexandra Semenova· Guest0:25
Like, yeah, it's- Like literally ... you, you would think that we're in- Nothing has happened ... a much deeper sell-off, given the fact that we've had private credit concerns, AI disruption, this war now, but it doesn't- I agree.
Josh Brown· Host0:35
There's more yelling and screaming than what the index level would actually lead you to believe is happening, so... But that's, that's good though. Good thing.
Michael Batnick· Host0:44
[applause] A lot of hooting and hollering.
Josh Brown· Host0:46
All right.
Michael Batnick· Host0:47
So Dan, basketball league guy.
Josh Brown· Host0:48
All right.
Michael Batnick· Host0:49
Same. I don't play, but I'm in one.
Dan Greenhaus· Guest0:50
I was in two leagues last year.
Josh Brown· Host0:51
How are your A's- I k- How are your ACLs?
Dan Greenhaus· Guest0:54
Uh, 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.
Josh Brown· Host1:04
Like immediately?
Dan Greenhaus· Guest1:05
Uh, first play of the first game. The guy was off the gym.
Michael Batnick· Host1:07
Like the same as Salish back in the day. Uh, Gordon Hayward.
Dan Greenhaus· Guest1:09
Reggie Theus?
Michael Batnick· Host1:10
No, Gordon. Remember Gordon?
Dan Greenhaus· Guest1:11
Oh, yes. Hey, from Utah.
Michael Batnick· Host1:12
Yeah. Yeah, that was ugly.
Dan Greenhaus· Guest1:13
Oof.
Michael Batnick· Host1:14
Oof.
Dan Greenhaus· Guest1:14
Oof.
Michael Batnick· Host1:15
Yeah.
Josh Brown· Host1:15
So if you don't do that, you're gon- you're definitely gonna do, like, a, um, a disc thing. Not you, proverbially. Like, I- Thanks for the...
Dan Greenhaus· Guest1:23
I have, I have a disc ...
Josh Brown· Host1:23
Oh, no, no, not you. People in their 40s playing, like- Yes, it's- ... aggressively playing basketball- We- ... it's, it's like, uh,