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Big Market Transitions
This Week on The Compound
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This week on TCAF, Josh was joined by Chris Davis, Chairman and Portfolio Manager, at Davis Funds, and John Authers of Bloomberg. They discussed Warren Buffett's legacy, Berkshire Hathaway's future, three massive market transitions, and a look at the trade war. (Listen)
TCAF LIVE IN CHICAGO!
On June 3rd at 6pm, Josh Brown will be joined on stage by co-host Michael Batnick and the CEO of Morningstar, Kunal Kapoor, to discuss the state of the investing business. Josh will also be joined by special guests Ben Carlson and Callie Cox to talk markets and the latest economic trends. We’re planning an incredible show for you guys. It’s at the Chop Shop in Wicker Park/Bucktown.
A few tickets are still available. Grab one before we sell out!
CHART OF THE WEEK
As you can see from the chart, the stock market has bounced back from the tariff talk in a hurry. That doesn’t mean the coast is clear. Moody’s downgrade of the federal government debt opens another potential vulnerability. Josh writes:
So now you have a stock market that’s gained back nearly everything its lost this spring in convincing fashion versus a fresh downgrade of the US Treasury from the ratings agency triumvirate. Whom do you listen to? Which matters more, price action or economic realities? I can’t remember a time where it’s been harder to know.
MERCH
You can now order the new Markets in Turmoil t-shirt (in three colors) at idontshop.com. Perfect for the Spring!
COMING SOON
This week on TCAF, Josh and Michael will be joined by returning guest Richard Bernstein, CEO at Richard Bernstein Advisors, LLC.
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