On episode 204 of The Compound and Friends, ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Michael Batnick⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ is joined by ⁠Shannon Saccocia⁠ and ⁠Todd Sohn⁠ to discuss: the market narrative, the AI economy, ARK's big run, Circle's round trip, M&A, the labor market, and much more! This episode is sponsored by Grayscale. Find out more about Grayscale by visiting: ⁠https://www.grayscale.com/ More from Todd: https://x.com/Todd_Sohn More from Shannon: https://www.linkedin.com/in/shannon-saccocia-cfa-cima%C2%AE-63ab066/ 00:00 - Cold Open 05:29 - Intro 06:35 - Does the market know something we don't? 19:07 - What's weird about Crypto 22:59 - Investor vs. Market behavior at All Time highs 36:33 - Leverage 52:25 - Oil plus Bitcoin ETF 58:58 - Labor Market 01:09:23 - Looking Ahead 👕 Check out The Compound shop: https://www.idontshop.com 🎙️Listen to our podcasts: TCAF: https://podcasts.thecompoundnews.com/show/TCAF/ Animal Spirits: https://podcasts.thecompoundnews.com/show/animalspirits/ Ask The Compound: https://podcasts.thecompoundnews.com/show/ATC/ The Compound Newsletter: https://www.thecompoundnews.com/subscribe Linkedin: https://www.linkedin.com/company/the-compound-media/ Instagram: https://instagram.com/thecompoundnews Twitter: https://twitter.com/thecompoundnews Tik Tok: https://www.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. Josh Brown and Michael Batnick 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. See our disclosures here: https://ritholtzwealth.com/podcast-youtube-disclosures/ 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. #thecompound #investing #stockmarket #stocks