Prof G Markets
Prof G Markets is your daily briefing on the news moving markets — from earnings and geopolitics, to Big Tech and AI. Hosted by Scott Galloway and Ed Elson, we cut through the noise with no-BS analysis. Tune in to understand what's happening, why it matters, and how to stay ahead. Fast takes. Clear insights. No jargon — just signal. Have a question or comment for us? Reach out to markets@profgmedia.com. Part of the Vox Media Podcast Network.
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The AI Bubble Isn't Where You Think It Is
<p>In this episode of Ed Elson’s newsletter, Simply Put, Ed unpacks why the real AI bubble hasn’t actually hit the public markets — yet. </p> <p>Subscribe to Simply Put to get the newsletter in your inbox.</p> <p>Subscribe to the Prof G Markets Youtube Channel </p> <p>Follow Prof G Markets here:</p> <p>Instagram: instagram.com/profgmarkets</p> <p>X: x.com/ProfGMarkets</p> <p>TikTok: tiktok.com/@profgmarkets</p> <p>Threads: threads.com/@profgmarkets</p> <p>Follow Ed on Instagram, X and Substack</p> <p>Send us your questions or comments by emailing Markets@profgmedi...
Meet The Millionaire Class That Really Runs America
<p>Ed Elson is joined by Owen Zidar and Eric Zwick to unpack their research on the “Everywhere Millionaire”. They explain how pass-through businesses work, why the tax code disproportionately benefits their owners, and how policymakers could close some of these loopholes. They also explore how AI is changing entrepreneurship in America and what it all means for the future of the American dream.</p> <p>Owen Zidar is a Professor of Economics and Public Affairs at Princeton University. Eric Zwick is the Joel F. Gemunder Professor of Economics and Finance at the University of Chicago Booth School of Business. Thei...
Why Elon Might Merge Tesla And SpaceX
<p>Ed Elson is joined by Karim Bousta to give his takeaways from Tesla’s earnings and what he makes of the news that SpaceX and Tesla might merge. Then, Mark Mahaney returns to break down Meta’s earnings. Finally, Ed explains why he’s bearish on Netflix. </p> <p>Karim Bousta is the Co-Founder and Managing Partner at DVx Ventures and former Vice President at both Tesla and Lyft. Mark Mahaney is the senior managing director at Evercore.</p> <p>Subscribe to the Prof G Markets Youtube Channel </p> <p>Follow Prof G Markets here:</p> <p>Instagram: instagram.com/prof...
Is Nvidia Selling More Chips Than Anyone Can Use?
<p>Ed Elson is joined by Ed Zitron to break down why AI chips are sitting in warehouses and why it could be a huge problem for the AI industry. Then, Nicolas Owens joins to give his takeaways from SpaceX’s earnings. Later, Thierry Wizman joins to unpack the fiscal crisis unfolding in France and whether he thinks the U.S. could follow in its footsteps. Finally, Ed shares his gratitude to the audience for voting at the Signal Awards. </p> <p>Ed Zitron is the CEO of EZ Primary Research and author of the Where’s Your Ed At newsl...
Why The Tech Selloff Just Reversed Course
<p>Ed Elson is joined by John Mowrey to break down why tech stocks rallied yesterday and where he still sees opportunities in the market. Then, Aaron Parnas joins to unpack why investors are convinced the Democrats will sweep the midterms and whether or not he thinks they actually will. Finally, Ed shares his take on You Can See Everything, Nathan Fielder’s documentary about Elizabeth Holmes. </p> <p>John Mowrey is the Chief Investment Officer at NFJ Investment Group. Aaron Parnas is the author of The Parnas Perspective Substack and co-host of Raging Perspectives. </p> <p>Subscribe to the Prof...
Why The Stock Market Is Booming — But Your Paycheck Isn't
<p>Scott Galloway and Ed Elson break down the latest inflation report, explaining why they think the consumer spending data may be misleading and why real wage growth is the economic indicator that matters most. Then, they examine the latest moves in AI stocks and Anthropic’s financials, including the growing divide between public and private markets. Finally, they discuss Bumble’s reported move toward going private and whether the struggles of dating apps point to a broader shift toward in-person socializing.</p> <p><br></p> <p>You can find more information about Ramp’s data here </p> <p>Subscribe to the...
How The Children Of Billionaires Took Over America
<p>In this episode of Ed Elson’s newsletter, Simply Put, Ed unpacks how America gave rise to a new ruling class: the inheritocracy. He breaks down the economic stakes of inherited wealth, and how it could transform society as we know it.</p> <p>Subscribe to Simply Put to get the newsletter in your inbox.</p> <p>Subscribe to the Prof G Markets Youtube Channel </p> <p>Follow Prof G Markets on Instagram</p> <p>Follow Ed on Instagram, X and Substack</p> <p>Send us your questions or comments by emailing Markets@profgmedia.com</p> <p><br></p><p>...
Will The AI Boom End Like The Railroad Crash Of 1873? — ft. Liaquat Ahamed
<p>Ed Elson is joined by Liaquat Ahamed to examine the railroad bubble of 1873 and why he sees parallels with today’s data center buildout. They discuss the lessons history offers, why overbuilding remains a recurring problem, the warning signs he sees in today’s AI boom, what AI executives should learn from the past, and where he thinks we are in the cycle today.</p> <p>Liaquat Ahamed is a financial historian, with degrees in economics from both Harvard and Cambridge universities and over two decades of professional experience as an investment manager. His new book, 1873: The Rothschilds, the Firs...
CoreWeave Is Imploding — And Taking AI Stocks Down With It
<p>Ed Elson is joined by Paul Kedrosky to break down CoreWeave’s debt crisis and whether it signals a broader problem for the industry. Then, Mark Zandi returns to unpack the latest inflation reading from the Consumer Price Index and what recent consumer spending data reveals about the state of the economy. Finally, Ed shares his take on a report that CFTC investigators were ordered to halt their analysis of potential insider trading involving the President.</p> <p>Paul Kedrosky is a Managing Partner at SK Ventures. Mark Zandi is the Chief Economist at Moody’s Analytics.</p> <p>Vote...
Elon Musk Spent $366M On The Midterms — Will It Work?
<p>Ed Elson is joined by Bradley Tusk to break down how Elon Musk is funding the midterms, whether that investment will pay off, and how he sees the elections playing out. Then, Gil Luria joins to unpack the sell-off in chip stocks and what he makes of valuations in the sector. Finally, Ed shares his take on Kimberly Guilfoyle’s resignation.</p> <p>Bradley Tusk is a venture capitalist, political strategist, and writer. Gil Luria is the Head of Technology Research at D.A. Davidson.</p> <p>Vote for Prof G Markets at the Signal Awards here </p> <p>Sub...
