Prof G Markets

Ed Elson opens with market updates on rising oil prices and Treasury yields before discussing viral AI safety claims from Anthropic and OpenAI researchers.

Host Ed Elson discusses the escalating US-Canada trade war with economist Mike Moffat, analyzing Canada's retaliatory tariffs and the resulting…

Host Ed Elson discusses OpenAI’s new GPT-6 model with Gary Marcus, who argues that the "AGI" label is a marketing bait-and-switch that fails to deliver on economic promises like zero wages.

Jim VandeHeu, co-founder of Axios and Politico, discusses the media industry’s evolution from the early web to the AI era.

Hosts Scott and Ed discuss their recent vacations and the emotional experience of dropping their sons off at college.

Ed Elson discusses soaring global bond yields and inflation risks with NFJ’s John Maury, who attributes the shift to supply chain reordering and fiscal deficits.

Prof G Markets analyzes rising bond yields and oil prices driven by escalating US-Iran tensions, featuring Ian Bremer on the geopolitical stalemate.

Host Ed El returns from vacation to discuss chaotic bond markets, where Treasury Secretary Scott Bessent’s failed intervention clashed with Fed Chair Kevin Warsh’s hawkish Jackson Hole speech.

Scott Galloway and Ed discuss their evolving relationships with money, contrasting Scott’s past trauma-driven pursuit of wealth with his current focus on purpose and philanthropy.

Host Ed Elson announces a two-week hiatus for Prof G Markets, returning on August 31st.

Prof G Markets hosts economist Gabriel Zuckman to discuss extreme wealth inequality and the structural failure of income taxes for billionaires.

Host Ed Elson discusses the CME’s plan to launch AI compute futures with Rohan Goswami, analyzing the risks of financializing NVIDIA-dominated resources.

The episode analyzes NVIDIA’s $500 billion financing deal with asset managers, with Jay Goldberg discussing concerns over circular financing and debt risks.

Ed Elson reviews weak July jobs data with labor economist Catherine Anne Edwards, who attributes job losses to lack of parental support and advocates for robust unemployment reform over UBI.

Hosts Scott and Ed discuss the S&P 500’s record highs, debating whether AI-driven optimism is justified or if the market is overvalued.

Hosts Ed and Joey discuss vacation plans and animal dangers before interviewing valuation expert Professor Aswath Damodaran.

Ed Elson interviews Steve Eisman on market highs and AI risks, noting that while the economy remains strong, a potential price war among AI firms could unwind tech valuations.

This episode analyzes the escalating legal battle between Apple and OpenAI over alleged trade secret theft, featuring Alex Heath who discusses…

Host Ed Elson discusses the collapse of Leopold Aschenbrenner’s leveraged AI fund with Michael Green, highlighting risks in leveraged ETFs and the South Korean market crash.

Hosts Ed and Scott discuss the South Korean stock market crash driven by leveraged ETFs, warning against the dangers of excessive leverage for retail investors.

Ed Elson interviews Anduril CEO Brian Schimpf about the startup’s rise in the defense sector, challenging legacy contractors with AI-driven systems like autonomous drones and border surveillance.

Jim Chanos, a legendary short seller, argues that the current AI boom resembles the dot-com bubble due to unprecedented capital expenditure and accounting mismatches that inflate corporate profits.

Host Ed Elson analyzes Meta’s disappointing earnings and Microsoft’s strong results with Gil Luria, who critiques Meta’s AI spending strategy while praising Microsoft’s fiscal discipline.

Ed Elson interviews Apollo’s Torsten Slok on the tech sell-off, driven by widening credit spreads and doubts over AI’s ROI.

Host Ed Elson discusses the rise of Chinese open-weight AI models and the US tech industry's push against restrictions with Scott Singer.

Hosts Ed and Scott discuss sleep habits before Scott announces his appointment to the University of California Board of Regents.

Hosts Prof G and Ed discuss the US-China AI race, export controls, and the risk of an AI bubble with guest Noah Smith.

Host Ed Elson discusses massive hidden AI debt in tech giants with Ed Zitron, comparing Special Purpose Vehicles to pre-2008 financial instruments.

Host Ed Elson discusses chaotic new US tariffs on Canada and Brazil with Georgetown Law scholar Peter Harrell, who warns of continued legal loopholes.

Host Ed Elson discusses escalating Middle East tensions with Matt Smith, noting how Houthi blockades are driving oil prices up and threatening supply routes.

Prof G and Ed discuss OpenAI’s recent struggles, including an Apple lawsuit, product failures, and intense competition from cheaper Chinese AI models.

This episode features Mike Novogratz, CEO of Galaxy Digital, discussing the current state of cryptocurrency and his firm’s pivot into AI data centers.

Host Ed Elson analyzes the sharp decline of SpaceX stock post-IPO with Morningstar analyst Nicholas Owens, who argues the valuation is inflated despite bullish Wall Street consensus.

Host Ed Elson discusses a mixed inflation report with Moody’s Mark Zandi, noting that while CPI cooled to 3.

Host Ed Elson discusses Apple’s lawsuit against OpenAI for alleged trade secret theft with Alex Kantrowitz, who warns of risks to OpenAI’s hardware ambitions and IPO.

Professor Patrick Boyle joins Prof G to critique SpaceX’s inflated valuation and Wall Street’s conflicted analyst ratings, drawing parallels to the dot-com bubble.

The episode analyzes the AI sector, contrasting OpenAI’s financial struggles with Anthropic’s focused enterprise strategy and discussing potential government bailouts.

Host Ed Elson discusses the collapse of the US-Iran ceasefire with Brian Katulis, analyzing how escalating military strikes and Strait of Hormuz disruptions are driving oil prices and inflation fears.

Host Ed Elson discusses a new global arms race with Steve Feldstein, noting rising defense tech investment amid geopolitical instability.

Host Ed Elson discusses SpaceX’s controversial inclusion in the NASDAQ 100 with Michael Green, who criticizes the move as manipulative and harmful to passive investors.

Hosts Scott Galloway and Ed Elson analyze AI market shifts, criticizing Meta’s pivot to cloud services and OpenAI’s potential government stake as signs of a demand crisis and crony capitalism.

Ed Elson interviews Hims & Hers CEO Andrew Dudum about disrupting healthcare by addressing stigmatized conditions like sexual health and hair loss.

Tom Lee of Fundstrat Global Advisors joins Prof G Markets to discuss his bullish outlook for the S&P 500, targeting 8,000 by year-end despite expecting a mid-year correction.

Ed Elson discusses Meta’s shift to selling excess AI compute with Ed Zittrain, who warns of an impending bubble burst due to lack of end-user demand.

Ed Elson reviews strong market gains and a historic semiconductor rally, joined by Bernstein’s Stacey Rasgon to discuss AI-driven earnings and supply constraints.

Host Ed Elson discusses OpenAI’s delayed IPO with Alex Heath, attributing the pause to internal chaos and the SpaceX precedent.

Prof G Markets hosts Robert Armstrong for a H1 2026 review, analyzing the AI boom, Middle East conflicts, and rising inflation.

Prof G interviews AI skeptic Gary Marcus, who argues that current large language models are inherently unreliable and driven by hype rather than genuine intelligence.

Ed Elson reviews market declines and discusses the stalled bipartisan housing bill with Redfin’s Daryl Fairweather, who analyzes supply constraints and interest rates.

Ed Elson analyzes the tech sector sell-off with Gil Luria, discussing volatility in chip stocks and SpaceX’s valuation concerns amid AI spending debates.