The Prof G Pod with Scott Galloway Prof G Markets: The Trump Fold & Tesla’s Brand Death
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Apr 28, 2025 The discussion kicks off with Trump’s memecoin dinner, showcasing the merger of politics and crypto. Boeing’s earnings reveal insights into the aerospace giant’s struggles, while a staggering report on wealth inequality highlights growing socio-economic divides in the U.S. Trump’s erratic policies raise eyebrows concerning America’s market reputation. Tesla's latest financial woes provoke fresh scrutiny, with curious market reactions juxtaposed against troubling earnings. The conversation touches on innovative investment avenues against the backdrop of evolving global market dynamics.
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Trumpcoin Exposes Presidential Corruption
- Trump's Trumpcoin dinner invite reveals deep corruption using presidency for profit.
- Most coin buyers lose billions; insiders and Trump benefit massively from the scheme.
Boeing Optimistic Amid Tariff Fears
- Boeing's earnings beat expectations with revenue up 18% and CEO optimistic on tariffs.
- They seem to anticipate tariff relief from China, calming market concerns on trade tensions.
Growing Wealth Inequality Impact
- Wealth inequality in the U.S. reached a historic high with top 19 households owning 1.8% of wealth.
- Half of Americans own just 3%; young people are disillusioned and financially struggling.