Prof G Markets

Gil Luria, Head of Technology Research at D.A. Davidson, shares sharp insights on the recent surge in Oracle's stock following a partnership with OpenAI, highlighting optimism and market challenges. The duo also delves into Apple's latest product launch, discussing why Wall Street remains unimpressed despite the excitement, and critiques the lack of innovation. Furthermore, a court ruling is explored regarding President Trump’s inability to remove Lisa Cook from the Federal Reserve, shedding light on legal nuances surrounding executive power.

Alice Han, a China economist and director at Greenmantle, joins to discuss China's positive market trends and their global implications. The conversation covers China's surprising shift towards stock market investments and the government's increasing support for the private sector. They delve into the country’s military displays and their role in rising nationalism amidst U.S. tensions. Han also emphasizes critical revisions in U.S. job statistics, critiquing the Bureau of Labor Statistics and highlighting the potential decline in public trust.

Kathryn Anne Edwards, an economist and host of The Optimist Economy podcast, joins the discussion to dissect the August jobs report, shedding light on the current economic climate and rising unemployment issues. Sean O'Kane from TechCrunch dives into Tesla's ambitious $1 trillion pay package for Elon Musk, analyzing its implications for corporate performance and societal inequality. They also touch on the intriguing intersection of Silicon Valley tech leaders dining with President Trump, highlighting the blend of innovation and politics amid economic challenges.

The hosts delve into the implications of the growing alliance between China, Russia, and India, sparking concerns for investors. They highlight the alarming concentration of the S&P 500, questioning the market's stability. Additionally, they examine the Trump family's latest cryptocurrency venture, raising eyebrows about transparency and potential market manipulation. The impact of AI on job losses and regulatory challenges also takes center stage, painting a picture of a delicate economic landscape.

Ray Dalio, a global macro investor and founder of Bridgewater Associates, sheds light on the precarious state of America's finances. He discusses how unprecedented national debt could lead the country into economic turmoil. Dalio critiques current tax policies and warns against complacency regarding government spending. He draws parallels between today’s struggles and past economic crises, emphasizing the urgency for bipartisan solutions. With rising costs and inflation looming, he also touches on the impact of AI on the job market and the need for skill development.

Jonathan Kanter, former Assistant Attorney General for the Antitrust Division of the DOJ, shares insights on the recent court ruling that allows Google to maintain its business structure amidst monopolization claims. He discusses the implications for accountability in big tech. The conversation also reveals how China is forming stronger trade ties with African nations, reshaping global alliances. Finally, Anthropic's staggering $183 billion valuation is unveiled, highlighting the influence of Gulf capital in the tech industry.

Robert Moskow, Managing Director at TD Cowen, joins to elucidate Kraft Heinz's strategic breakup into two focused companies. He discusses the impact on investors and the consumer market as the brand pivots towards high-growth products. The conversation also touches on Constellation Brands' decline due to changing consumer behaviors, particularly among younger demographics, and the broader challenges within the beverage industry. Ed and Scott provide a backdrop of a turbulent Wall Street as they analyze current market dynamics and geopolitical shifts.

A federal appeals court ruling found many of Trump's tariffs illegal, shaking up the economic landscape. The conversation dives into how this affects consumers and the ongoing debate about presidential power. The closure of the de minimis loophole is also explored, revealing its significant impact on low-income households reliant on affordable imports. Additionally, the podcast discusses the ethical implications tied to labor practices within global trade, raising thought-provoking questions about tariffs and inequality.

Mark Zandi, Chief Economist of Moody's Analytics, joins the discussion to reveal the precarious state of the U.S. economy. He outlines the key factors contributing to heightened recession risks, such as minimal GDP growth and stagnant consumer spending. Zandi dives into how tariffs affect inflation and shares concerns over potential bond market instability. He also explores the influence of tech companies and AI on economic trends, while emphasizing the importance of central bank independence amidst political pressures.

Gil Luria, Head of Technology Research at D.A. Davidson, shares insights on Nvidia's surprising earnings drop despite impressive growth. He discusses regulatory and geopolitical challenges facing Nvidia in the Chinese market, while unpacking Trump's 50% tariff on India and its implications for U.S.-India relations. Lastly, the conversation touches on California's new tax incentives aimed at revitalizing Hollywood, scrutinizing whether they can effectively combat competition from digital platforms.