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Prof G Markets

Vox Media Podcast Network

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Prof G Markets breaks down the news that’s moving the capital markets, helping you build financial literacy and security. Tune in every Monday and Thursday for no mercy, no malice insight from Scott Galloway and Ed Elson on high flying stocks, booming sectors, and master of the universe CEOs. Like it or not, we live in a capitalist society. The key to navigating it? Talk about money. Part of the Vox Media Podcast Network.
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Tara Henley is a Canadian journalist and bestselling author. On the Lean Out podcast, she interviews heterodox writers and thinkers from around the world, in an attempt to widen the Overton window of acceptable thought in society. You can learn more about her work at tarahenley.substack.com
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The Urbanist Agenda

Not Just Bikes

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A podcast by the creator of the popular YouTube channel Not Just Bikes, The Urbanist Agenda is an exploration of the latest topics in urban planning and urban mobility from your favourite urbanist YouTubers. Each month we'll put another important topic on the agenda and pull back the curtain to discover how online urbanists plot and scheme to make cities work better for everyone.
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In this episode of The Missing Middle podcast, hosts Sabrina Maddeaux and Mike Moffatt discuss the impossible trinity that broke Canadian housing. They explore the implications of stagnant neighborhoods, population growth, and government policies that hinder housing affordability. The conversation delves into the complexities of urban planning, the…
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We are in the final week of the Canadian federal election. And while Trump’s trade policy has received much coverage this election season, our housing crisis has been less of a priority for the legacy press. We at Lean Out happen to think this is the most important issue in the country — and so, on today’s program, our guest is here to answer every…
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As Tara puts the finishing touches on her next book, on declining trust in the media, we wanted to bring you a few encore interviews that have helped shaped her thinking on the media — including today’s episode. The period often referred to as The Great Awokening is winding down now, and we’re starting to get a better understanding of what happened…
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Scott and Ed discuss why United Health’s stock hit a five year low, Warner Bros. Discovery's latest move to rebrand Max, and Airbnb’s foray into offering bookable services for travelers. They then break down earnings from Alibaba and Tencent, highlighting how the results signal the growing momentum of AI in China — and why they're feeling bullish o…
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Scott and Ed discuss the market’s reaction to Trump’s drug pricing plan, Perplexity’s latest funding round, and Coinbase’s addition to the S&P 500. Then Alice Han, China economist and director at Greenmantle, returns to the show to break down how China views the ongoing trade war. She unpacks the current state of U.S.-China negotiations and why a d…
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In this turbulent era, for many of us there is a moment in every day when anxiety steals over us. We pause, and in that rare period of stillness, the fears surface — but sometimes, if we’re lucky, so too do the reflections and the insights. Our guest on today’s program has called this interlude “the catastrophe hour,” and she’s just published a boo…
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Chapters 00:00 Introduction 01:13 Job market statistics 02:10 Why the job market is so bad right now 04:27 Different ways to measure the job market 07:02 Things are particularly bad in Ontario 09:02 High unemployment fractures the social fabric 11:25 The impact of a slow job market on lifetime earning 13:32 How youth unemployment shapes political p…
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Scott and Ed discuss Trump’s new trade framework with the U.K., the Federal Reserve’s latest decision, and the Melania coin grift. Then they take a look at Apple’s potential move to replace Google as Safari’s default search engine, unpacking the ripple effects on Google’s stock. Ed lays out his case for why the company is deeply undervalued. Finall…
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Scott and Ed discuss Trump’s tariffs on films produced outside the U.S., OpenAI scrapping its plans to become a for-profit company, and Warren Buffett’s decision to step down as CEO of Berkshire Hathaway. Then Michael Cembalest, the Chairman of Market and Investment Strategy for JPMorgan Asset & Wealth Management, joins the show to unpack how macro…
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Now that the dust has settled on the Canadian federal election, we can pause for a moment and assess where we are at as a country. What lessons can we take from the election results? Our guest on today’s program has been polling Canadians for decades — and he says that we are now a divided nation. Darrell Bricker is the CEO of Ipsos Public Affairs.…
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He's got 215,000 YouTube subscribers and millions of views. The urban planner and YouTube creator Uytae Lee sits down with Sabrina Maddeaux and Mike Moffatt to have a fun and wide-ranging conversation about housing and the systemic hurdles to building more of it. Uytae shares insights on creating engaging content about housing, urban planning, desi…
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Scott and Ed discuss the latest U.S. GDP report, new data on China’s factory activity, and the launch of Amazon’s new internet satellites. Then they turn to Big Tech earnings, breaking down first quarter results from Apple, Amazon, Microsoft, and Meta. Finally, they examine the Trump administration’s decision to resume forced collections on default…
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Scott and Ed discuss Huawei’s new challenge to Nvidia, Apple shifting U.S. iPhone production from China to India, and Spotify’s Q1 earnings report. Then Mark Mahaney, senior managing director and head of internet research at Evercore, returns to the show to share his top internet stock picks. He explains why he believes Google is the cheapest of bi…
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One of the most polarizing policies of the pandemic era was the extended school closures. Critics have now been validated, with The New York Times reporting that “a growing body of research shows that pandemic school closures came at a steep cost to students” — while doing little to stop the spread of the virus. Our guest on the program today is a …
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In this episode, conservative pundit Sabrina Maddeaux and economist Mike Moffatt discuss the significant decline in the construction of three-bedroom homes in Ontario, particularly in the Greater Toronto Area (GTA). They explore the implications of the 'baby bust' phenomenon, where fewer families are able to afford suitable housing, leading to a de…
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Scott and Ed discuss Trump’s decision to invite the top holders of his memecoin to a private dinner, Boeing’s first quarter earnings, and a new report underscoring the worsening wealth inequality in the U.S. Then, they explore how Trump’s policy reversals are undermining America’s global reputation in the markets. Finally, they break down Tesla’s f…
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Last week, at the English-language election debate, the leaders’ press scrums were cancelled after tensions between media outlets erupted into shouting in the press room, and other confrontations. This incident is a distressing example of how polarized our press has become. But of course, we are not the first country to grapple with this dynamic. M…
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In this episode of The Missing Middle, hosts Sabrina Maddeaux and Michael Moffatt discuss the housing platforms of Canada's major federal parties as they approach the April 28 election. They analyze the promises made by the Liberals, Conservatives, and NDP regarding housing starts, affordability, and the implications of these policies on young Cana…
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Scott and Ed discuss the rally in the Euro and German bonds, Chinese state-backed funds pulling out of U.S. private equity, and Bill Ackman’s investment in Hertz. Then Ryan Petersen, the founder and CEO of Flexport, a leader in global supply chain management, joins the show to unpack the real-world impact of tariffs on American businesses. He break…
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As election day nears, Lean Out continues to highlight the issues that we feel have not received enough attention in this news cycle. My guest on the program today is a physician who serves on death review committee with Ontario’s Office of the Chief Coroner. In today’s emotional interview, we take a close look at medical assistance in dying, or MA…
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In this conversation, Sabrina Maddeaux and Mike Moffatt are joined by co-host of the Prof G Markets podcast with Scott Galloway, and host the First Time Founders podcast Ed Elson to discuss the economic challenges faced by Gen Z, including their financial struggles, housing affordability, and the rising costs of education. Ed highlights the generat…
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Scott and Ed discuss gold hitting a record high, the Trump administration’s new restrictions on chip exports, and Jerome Powell’s comments on tariffs. Then, they unpack how other nations are pushing back against the tariffs, highlighting Trump’s key strategic missteps—including his underestimation of global rivals. Finally, they dissect the key mom…
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For some time now, writers and thinkers outside this country have been asking me: What happened to Canada? Our guest on the program today has asked this question himself, in a new book that takes a deep dive into our decline — and arrives just in time for the federal election. Tristin Hopper is a columnist and reporter for The National Post, based …
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Vote for Prof G Markets at the Webby Awards Scott and Ed discuss how the markets reacted to Trump’s tariff exemption on smartphones and computers, the dollar falling to a three-year low, and first quarter bank earnings. Then William Cohan, New York Times bestselling author and founding partner of Puck, joins the show to unpack the latest developmen…
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As we all navigate a period rife with political tensions on both sides of the Canada/U.S. border, we wanted to bring you an incredible story that celebrates the human spirit and affirms our common humanity. Our guest on the program today was an eight-month-old baby when her parents smuggled her out of communist Vietnam, crossing the South China Sea…
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In this episode, conservative pundit Sabrina and economist Mike Moffatt speak with David Coletto, CEO of Abacus Data, to explore the evolving landscape of Canadian election polling. They discuss the impact of recent policy changes, particularly the carbon tax, on voter sentiment and the shifting dynamics of affordability issues. The conversation de…
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Scott and Ed dive into the ongoing trade war, unpacking how markets reacted to Trump’s 90-day tariff pause and the broader turmoil with China. They break down what may have just been the greatest day of insider trading in history, assess the damage to American 401Ks, and explore what likely drove Trump to hit pause on the tariffs. Scott also offers…
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Pickup trucks don't belong in European cities, so let's send them to help out in Ukraine! Stef from Build the Lanes tells us about why he's driving pickup trucks from the EU to Ukraine. Berr Battalion - https://www.help99.co/patches/nafo-berr-battalion Berr Battalion Announcement Video - https://www.youtube.com/watch?v=J7tZdrGU_2c Help99 - https://…
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Scott and Ed dive in and break down the massive volatility in the markets this week due to Trump’s tariffs. Then Gary Stevenson, host of the Youtube channel Gary’s Economics, joins the show to break down the roots of wealth inequality. He explains what he learned from the 2008 financial crisis, offers ideas for what could help bring back a strong m…
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Throughout the Canadian federal election, we’re taking weekly breaks to think and talk about other things. On today’s program, in light of ongoing debates in American pop culture, we’ll be discussing the phenomenon of heteropessimism with a Toronto culture critic who is quite literally writing the book on it. Phoebe Maltz Bovy is a Toronto-based jo…
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In this episode, conservative pundit Sabrina Maddeaux and economist mike Moffatt sit down with housing advocate Eric Lombardi to discuss the epic shortcomings of the community consultation processes in Toronto. Lombardi argues that they often fail to represent the diverse voices and interests of the community. He emphasizes the need for a more proa…
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Women’s fertility is a third rail in Canadian politics. We all learned this again last week, when Pierre Poilievre made a comment about biological clocks that sparked outrage. If you followed the controversy in the mainstream media only, you might not know that a number of women were glad to see Poilievre raise the issue of fertility — including my…
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Scott and Ed dig into the rubble of the record breaking $6.6 trillion sell-off following Trump’s tariffs announcements. They break down how Trump determined the tariff rates, what the tariffs will do to company earnings and the real economy, and offer advice on how to deal with turmoil in the markets as an investor. Vote for Prof G Markets at the W…
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Ed opens the show by discussing Trump’s tariffs, xAI’s purchase of X, and OpenAI’s record-breaking funding round. Then Tim Higgins, Wall Street Journal columnist covering the automobile industry, joins the show to break down how the auto tariffs will impact the car industry and the broader economy. He shares his take on who stands to benefit from t…
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During the 2025 Canadian election season, we’ll be pausing from time to time to take a breather and to think about other issues — often interesting new books. My guest on today’s program is a blues musician, a scholar, and a heterodox thinker. He joins us for a conversation about his deeply personal new book on interracial family life in the south.…
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In this episode, Sabrina Maddeaux and Michael Moffatt discuss the critical intersection of the housing crisis and national security in Canada. They explore how the inability to afford housing not only affects individuals but also poses systemic risks to the Canadian economy and society. The conversation delves into the implications of economic vuln…
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One of the big stories in the Canadian federal election so far has been the collapse of support for the NDP. New polling from Ipsos shows support for the party continuing to decline. Our guest on today’s program is a former labour representative — and he has some thoughts on where the traditional party of working people has gone wrong. Brian Dijkem…
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Scott and Ed open the show by discussing Delaware's changes to its corporate governance laws, Waymo’s expansion into Washington D.C., and GameStop's decision to add bitcoin to its treasury reserves. Then they analyze Engine Capital’s activist push at Lyft, offering insights and strategic suggestions on how the rideshare company can strengthen its b…
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As election season builds steam, here at Lean Out we are focused on the question of why daily life in Canada has become so expensive and so dysfunctional. My guest on today’s program has some insights to share. He recently wrote a well-researched book on the federal government’s corporate subsidies — which, he says, “exploded in magnitude” under Ju…
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With the Canadian federal election now underway, we’re going to have a lot of political content for you in coming weeks. But today, we wanted to change things up a bit and bring you a lighter story about books — and how hard it is these days to find bookstores that stock a range of different perspectives. Our guest on today’s program argues that bo…
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Scott and Ed open the show by discussing Apple’s $1 billion annual loss on AppleTV+, Silver Lake’s move to take Endeavor private, and Nike’s latest earnings report. Then Carsten Brzeski, Global Head of Macro Research and Chief Eurozone Economist for ING, joins the show to break down Germany’s political and economic landscape. He unpacks the growing…
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After much speculation, Prime Minister Mark Carney has called a snap spring election, and Canadians will be heading to the polls on April 28. To kick off Lean Out’s special election coverage, we bring you a conversation with a veteran Canadian journalist about the unusual moment the country is in — and why, in his view, the current disconnect betwe…
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In this conversation Conservative pundit Sabrina Maddeaux and economist Mike Moffatt delve into the recent changes in Canada's immigration policies and their implications for the housing market and population growth. Sabrina and Mike discuss the significant reduction in immigration targets, the impact on housing prices and rents, and the skepticism…
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Scott and Ed open the show by discussing the federal reserve’s interest rate decision, the Professional Tennis Player Association's lawsuit, and BYD’s new charging technology. Then they analyze Germany’s decision to boost defense spending while lifting its debt limit, unpacking the market’s reaction and broader economic implications. Finally, they …
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In the wake of President Trump’s executive order on DEI, debates in America have renewed a conversation around DEI in this country. And while the baseline value of greater inclusion is one that many of us share, some DEI programs have proven controversial. Our guest on this bonus episode is the author of a recent report that dives into DEI practice…
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Ed and Scott open the show by discussing Klarna’s IPO, Google’s acquisition of cybersecurity startup Wiz, and Lip-Bu Tan’s new plan for Intel. Then Lyn Alden, independent analyst and the author of Broken Money, returns to the show to break down the latest stock market correction, explaining why it’s a natural part of the market cycle. She explores …
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With Mark Carney in his first week in office as Canada’s new Prime Minister, the Justin Trudeau era is quickly fading in the rearview mirror. But before we move on, it’s important to take stock of what went on in this country during Trudeau’s tenure. Our guest on today’s program says it is time for a national conversation about Trudeau’s legacy. An…
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In this conversation, conservative pundit Sabrina Maddeaux and economist Mike Moffatt discuss the evolving landscape of political polling with David Coletto, CEO of Abacus Data. They explore the significant shifts in voter sentiment influenced by key events such as Justin Trudeau's exit, Mark Carney's rise, and the impact of Donald Trump. The discu…
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Scott and Ed open the show by discussing Southwest Airlines' decision to start charging for checked bags, Eric Schmidt’s appointment as CEO of Relativity Space, and the latest developments in Saudi Arabia’s Neom project. They then analyze the ongoing tariff battle, exploring its biggest potential consequences and why Scott believes China could ulti…
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Sam from the YouTube channel "We're in Hell" normally makes video essays about sociology, but he recently went down the urban planning rabbit hole after Doug Ford threatened to take away his bike lanes. Learn what he learned in his research about the sociology of car-brained planning. Why is North American Transit so Bad? https://youtu.be/K7ag0bqGN…
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