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Prof G Markets

Do the U.S. and China Have a Deal? + May Inflation Data & Tesla Delays Its Robotaxi Again

Prof G Markets

Prof G Media & Vox Media

Business, Investing, Entrepreneurship

4.31.4K Ratings

🗓️ 12 June 2025

⏱️ 26 minutes

🧾️ Download transcript

Summary

Ed breaks down the new U.S.-China trade deal framework, explains what the May CPI report signals about the economy, and unpacks why Tesla is once again pushing back its robotaxi launch. Subscribe to the Prof G Markets newsletter Order "The Algebra of Wealth" out now Subscribe to No Mercy / No Malice Follow Scott on Instagram Follow Ed on Instagram and X Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Support for the share comes from public.com. If you're serious about investing, you need to know about

0:05.0

public.com. That's where you can invest in everything, stocks, options, bonds, and more. And even under 6% or higher yield that you can lock in with a bond account. Visit public.com slash prop G and get up to $10,000 when you transfer your old portfolio. That's public.com slash profi.

0:22.2

Paid for by public investing. All investing involves the risk of loss, including loss of

0:26.3

principal. Brokered services for U.S. listed registered securities, options, and bonds.

0:30.7

In a self-directed account are offered by Public Investing, Inc., member FINRA, and SIPC,

0:36.1

complete disclosures available at public.com slash disclosures.

0:39.8

I should also disclose I am an investor in public.

0:45.8

We're all looking for signs for what's next in the economy.

0:49.6

The underwear index, the lipstick indexed, and the music charts.

0:54.9

Oh, Recession Pop is very much a real thing, and it's completely made up, which is to say that

1:00.2

there was no such thing as recession pop during the recession. It's a term that was made up only

1:05.0

very recently. Now that's what I call recession music. That's this week on Explain It to

1:10.6

Me.

1:14.8

New episodes every Sunday morning wherever you get your podcasts.

1:22.8

Today's number, seven and a half billion dollars.

1:30.7

That's how much advertisers are expected to spend on podcasts in 2025, up 20% from the year before.

1:36.5

I don't believe that number, because we are the number one business podcast in America,

1:40.1

and yet I am still wearing a swatch watch.

1:42.4

So something doesn't add up here.

1:44.7

Someone needs to walk me through the math.

1:50.1

Until I have a big, fat, ugly Rolex on my wrist, I don't buy it.

1:53.2

Money markets, Matt.

...

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