Ed Elson reviews market declines and discusses the stalled bipartisan housing bill with Redfin’s Daryl Fairweather, who analyzes supply constraints and interest rates. The episode then examines Meta’s controversial entry into prediction markets with NYT’s Mike Isaac, highlighting internal morale issues. Finally, Scott Galloway reports from Cannes Lions on the rise of the creator economy and predicts a strong IPO for Italian brand aggregator Bending Spoons.