The Prof G Pod with Scott Galloway Prof G Markets: Why TikTok Will Be Spun, Credit Suisse, the Big Bitcoin Bet, and Blank Street Coffee
28 snips
Mar 27, 2023 Explore the intriguing possibility that TikTok might be spun out instead of banned. Uncover the dramatic fall of Credit Suisse and its implications for the banking sector. Dive into a million-dollar bet on Bitcoin and the rising concerns of hyperinflation. Discover how Blank Street Coffee is shaping its brand strategy and standing out in the competitive coffee market while also examining consumer preferences for convenience. The blend of finance, technology, and cultural insights keeps the conversation dynamic and engaging.
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Rate Hike Strategy
- The Federal Reserve raised interest rates to project calm amidst banking contagion.
- They likely reduced the planned increase from 50 to 25 basis points.
Home Prices
- Falling US home prices are ultimately a good thing, but they fell for the wrong reasons.
- Demand dropped because people with low mortgage rates can't move, and new buyers can't afford homes.
TikTok Ban
- Scott Galloway predicted TikTok's ban six months prior, facing criticism for it.
- Now, there's bipartisan support for banning it due to data privacy and Chinese ownership concerns.
