On this episode of What Did We Learn, Josh Brown is joined by Nick Colas, co-founder of DataTrek Research, to discuss: policy uncertainty, current market sentiment, the divergence in global markets, what an elevated Vix means for the market, minimum volatility strategies, and much more. This episode is sponsored by Betterment Global Advisors. Visit http://betterment.com/advisors to learn more! For more from Nick and Jessica, check out the DataTrek YouTube channel: @NickColasandJessicaRabe And to learn more about DataTrek Research, visit the homepage here: https://datatrekresearch.com/ ► 00:00 - Betterment Ad Read ► 01:05 - Intro ► 01:53 - It's Not Just Tariffs ► 05:25 - 2025 EPS Estimates ► 10:03 - Non-US Markets ► 17:20 - US Equity Rotation ► 20:36 - Why Bad Things Happen ► 23:02 - Minimum Volatility ► 27:16 - Historical Analogies 🎙️ 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 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. Michael Batnick and Josh Brown 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. 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/advertisin.... Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information. Obviously nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. See our disclosures here: https://ritholtzwealth.com/podcast-youtube-disclosures/ #thecompound #investing #stockmarket