Why Oil Could Be Next Year’s Gold

In this episode of The Compound and Friends, Michael Batnick and Josh Brown host Peter Boockvar to discuss current market trends and Thanksgiving. They analyze the AI sector, differentiating between Google and OpenAI camps, and debate the sustainability of current CapEx levels. The conversation shifts to the recent small-cap rally, the potential impact of future Fed rate cuts, and the influence of political factors on economic policy. They also explore international investment opportunities and debate whether the market is in a bubble. The discussion concludes with insights on energy stocks and the potential for rising oil prices.