Individuals Outsmart the Pros, Live From Chicago With Ben and Callie, Morningstar CEO Kunal Kapoor

The Compound and Friends podcast episode features Josh Brown, Michael Batnick, Callie Cox, and Ben Carlson discussing the biggest surprises of 2025 in the economy and markets, including the resilience of households, the persistence of the AI theme, and the surprising outperformance of international stocks. They debate generational differences in risk aversion, the impact of government debt, and the likelihood of a recession, highlighting the strength of the consumer and the labor market. Kunal Kapoor, CEO of Morningstar, joins the panel to discuss the state of the individual investor, the evolution of Morningstar's services, the rise of private equity, and the role of AI in investing, emphasizing the importance of transparency and personalization.