Prof G Markets

Ray Dalio, Bridgewater founder and macro investor, joins Gil Luria, D.A. Davidson tech analyst, for a brisk tour of market stress and AI mania. They dig into debt, inflation, Iran, and fragile global power shifts. Then the focus swings to Big Tech earnings, AI spending, cloud momentum, data center bottlenecks, valuations, and why OpenAI now looms over the stock market.

Jigar Shah, clean energy financier and former DOE loan chief, joins Jon Parrella, TerraFlow Energy CEO focused on data center power. They spar over whether the AI buildout is outrunning the grid. Expect talk on volatile AI power loads, blackout risks, utility bill spikes, behind-the-meter generation, and why smaller distributed AI sites may beat giant campuses.

Sid Jain joins the show to discuss how emerging markets have quietly become an AI trade. Finally, Ed breaks down the truce between Microsoft and OpenAI. Patrick Boyle is a hedge fund manager, a university professor and a former investment banker. Sid Jain is a Deputy Portfolio Manager at GQG Partners.  Get your tickets to the Prof G Markets tour  Subscribe to the Prof G Markets Youtube Channel  Check out our latest Prof G Markets newsletter Follow Prof G Markets on Instagram Follow Ed on Instagram, X and Substack Follow Scott on Instagram Send us your questions or comments by emailing Markets@profgmedia.com Learn more about your ad choices. Visit podcastchoices.com/adchoices

Markets tune out the Iran war as tech earnings, AI exposure, and investor desensitization take center stage. There’s also a sharp debate over what makes a truly great CEO after Tim Cook’s move to step down. Plus, a skeptical look at SpaceX buying Cursor and the fuzzy math behind giant AI valuations.

Andrew Yang, entrepreneur, author, and Forward Party founder, joins a lively conversation on AI’s growing threat to jobs. He talks about why ChatGPT made the danger feel real, where job losses may already be showing up, and why recent grads could be hit first. They also dig into retraining limits, trade work, basic income, inequality, and parenting in the AI era.

Sherri Davidoff, LMG Security founder and cybersecurity specialist, breaks down the Anthropic Mythos leak, AI safety fears, patching chaos, and possible disclosure rules. Seth Goldstein, Morningstar equity analyst covering Tesla, digs into Tesla earnings, robotaxi progress, Optimus, and why autonomy keeps the valuation story alive. It also touches on how markets are reacting to the Iran war.

Tripp Mickle, a New York Times Apple reporter and author of After Steve, joins Patrick McGee, an award-winning journalist behind Apple in China. They dig into Tim Cook’s legacy, Apple’s deep China ties, slowing innovation, cautious AI strategy, and why John Ternus could face a brutal test as Apple enters its next era.

Justin Wolfers, University of Michigan economist, breaks down why the ceasefire is hard to trust, what the defense budget could mean for household costs, and why oil markets are bracing for disruption. Rich Greenfield, LightShed media and tech analyst, digs into Netflix’s stock drop, growth fears, and Disney’s leadership test. It also touches on the growing backlash around AI and inequality.

Markets keep charging higher despite war fears, with a lively debate over investor complacency, inequality, and the renewed rush into tech. The conversation also turns to the growing backlash against AI, public anger toward tech leaders, and local revolts over data centers. Plus, a fresh look at the big tech names they think could keep climbing.

Kathryn Anne Edwards, a PhD economist and Bloomberg columnist, digs into cracks in the labor market. She explores why layoffs matter more than headline unemployment, how policy chaos can freeze hiring, and why healthcare is propping up weak job growth. They also get into AI fears for young workers, shifting immigration trends, and whether all this could push the economy toward recession.