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Prof G Markets

Why Trump’s War Week Didn’t Break Markets

Prof G Markets

Prof G Media & Vox Media

Entrepreneurship, Investing, Business

4.31.4K Ratings

🗓️ 19 January 2026

⏱️ 84 minutes

🧾️ Download transcript

Summary

Scott Galloway and Ed Elson unpack President Trump’s investigation into Jerome Powell, with Scott explaining why he believes the goal is to sideline Powell entirely, not just remove him as Fed chair. Ed shares which part of the public’s support for Powell surprised him most. They then dig into the surge in metals in light of Trump’s moves on Venezuela, Greenland, and Iran. And finally, they break down the week’s biggest AI headlines and how they’re reshaping the power dynamics in the AI race. Subscribe to the Prof G Markets newsletter  Order "Notes on Being a Man," out now Note: We may earn revenue from some of the links we provide. Subscribe to No Mercy / No Malice Follow the podcast across socials @profgmarkets Follow Scott on Instagram Follow Ed on Instagram, X and Substack Send us your questions or comments by emailing Markets@profgmedia.com Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Support for the show comes from Fundrise.

0:03.0

Investing in companies already in the S&P 500 can sometimes feel like you're being served someone else's leftovers.

0:09.0

It's still a great meal, but it's hard not to imagine what the food tasted like when it was fresh out of the oven.

0:14.0

But with venture capital by Fundrise, you can finally get in early and take a seat at the table alongside the biggest names in tech investing.

0:21.5

Fundrise's mission is to give everyone the access required to invest in the best tech and

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AI companies before they go public. Visit fundrise.com slash profg to check out Fundrise's

0:32.2

venture portfolio and start investing in minutes. All investments involve risk, including

0:37.0

the potential loss of principle.

0:38.6

Past performance is not indicative of future results.

0:41.4

This is a paid advertisement.

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Support for the show comes from one password.

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Because compromised passwords are the number

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Support for the show comes from OnePassword. A password manager should be the first security purchase you make for your team.

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Why?

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Because compromised passwords are the number one way bad actors attack companies,

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and small businesses are their favorite targets.

...

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