About this episode

The episode features a discussion on stock picking strategies and the current state of the U.S. economy with Dan Skelly from Morgan Stanley.

On episode 258 of The Compound and Friends, ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Downtown Josh Brown⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and Michael Batnick are joined by Dan Skelly, Portfolio Manager at Morgan Stanley Wealth Management, to discuss the resilient U.S. economy, record earnings growth, the AI spending boom, Nvidia and Broadcom, whether today’s data center buildout looks anything like the dot-com bubble, the rotation out of semiconductors, the return of healthcare and financials, risks facing small-cap stocks, why the Mag 7 could lead again in 2027, AI’s impact on corporate productivity and profit margins, the strength of the American consumer, stock-picking in an increasingly efficient market, and much more! This episode is sponsored by Vanguard and Federated Hermes. Learn more about Vanguard bonds at https://vanguard.com/audio. Explore the full ETF lineup at ⁠https://federatedhermes.com/ Take The Compound's 2026 audience survey and help shape the future of the channel: https://www.surveymonkey.com/r/LHC8QHD Sign up for The Compound Newsletter and never miss out…

People in this episode

Hosts: Downtown Josh Brown, Michael Batnick

Guest: Dan Skelly

Topics covered

• stock picking
• U.S. economy
• AI spending
• corporate productivity
• financial markets
• small-cap stocks

Keywords

• stock picking
• Morgan Stanley
• AI impact
• U.S. economy
• financial markets
• Nvidia
• Broadcom
• small-cap stocks

Sponsors

Vanguard, Federated Hermes

Mentioned in this episode

Organizations: Morgan Stanley, Nvidia, Broadcom

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