AI Summary
5 min read🎙️ The Voices & The Context
- The Format: A lively, casual roundtable discussion/podcast episode. It feels like a group of smart friends (and one first-time guest) riffing on markets, with a mix of deep analysis and sharp banter.
- The Key Players:
- Steve Sosnick (Guest): Chief Strategist at Interactive Brokers. A 30-year veteran of the trading floor (ex-Morgan Stanley, Lehman). He's the "old pro" with a risk manager's soul and a great sense of humor.
- Sam Ro (Guest): Founder of the "Ticker" newsletter. The data-driven analyst who loves digging into charts and earnings estimates.
- Josh Brown & Michael Batnick (Hosts): The chemistry is excellent. Josh is the charismatic storyteller, Michael is the sharp, skeptical foil. They drive the conversation with energy and wit.
- The Vibe: Educational & Fun. It’s intense when they dive into market mechanics, but the constant jokes, stories about their bosses, and the "lightning round" keep it feeling like a great bar conversation with Wall Street insiders.
🗝️ Key Themes & Topics
Continue reading the full summary in the app — free to try.
Read Full Summary →Free • No credit card required
What you'll learn
- 1 (00:00) **🎙️ Introduction: Steve Sosnick & Sam Ro**
- 2 (08:57) **Market Reaction to the "Black Swan" (Strait of Hormuz)**
- 3 (13:00) **Record Trading Volume & The "Wall of Worry"**
- 4 (19:19) **Retail Dip-Buying vs. Institutional Selling**
- 5 (22:52) **The Great Rotation: Semis/Hardware vs. Software**
- 6 (28:58) **How Many Quarters of Record Earnings to Reverse the Fear?**
- 7 (31:16) **Meta’s AI Spend & The "Picks and Shovels" Trade**
+ Full timestamped outline available in the app
Show Notes
On episode 237 of The Compound and Friends, Michael Batnick is joined by Sam Ro and Steve Sosnick to discuss: winners and losers in the current market, the international trade, earnings season preview, rate cut expectations, Disney layoffs, and much more!
This episode is sponsored by VanEck and Janus Henderson Investors.
- To learn more, visit https://www.vaneck.com/RAAXCompound/overview/
- Learn more at https://www.janushenderson.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
VanEck Disclosure: Investing involves substantial risk and high volatility, including possible loss of principal. Call 1-800-826-2333 or visit http://vaneck.com/ to read and consider the prospectus, containing the investment objective, risks, and fees of the fund, carefully before investing.
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
More from this podcast
The Compound and Friends →